Thu, Jun 23, 2022 6:18 AM
STATS Perform dba Automated Insights
CHICAGO (AP) _ Methode Electronics Inc. (MEI) on Thursday reported fiscal fourth-quarter profit of $16.2 million.
On a per-share basis, the Chicago-based company said it had net income of 43 cents.
The maker of electrical components for the auto and computer industries posted revenue of $288.7 million in the period.
For the year, the company reported profit of $102.2 million, or $2.70 per share. Revenue was reported as $1.16 billion.
Methode expects full-year earnings to be $2.70 to $3.10 per share, with revenue in the range of $1.16 billion to $1.21 billion.