Methode Electronics Q1 Adjusted Loss Flat, Revenue Rises

04:37 PM EDT, 09/02/2026 (MT Newswires) -- Methode Electronics (MEI) reported fiscal Q1 adjusted loss late Wednesday of $0.22 per diluted share, unchanged from a year earlier. Three analysts polled by FactSet expected loss of $0.20. Net sales for the quarter ended August 1 were $265.4 million, up from $240.5 million a year earlier. Four analysts expected $238.3 million. The company maintained its fiscal 2027 guidance, projecting full-year net sales of $1.03 billion to $1.08 billion. Four analysts are looking for $1.05 billion.