Methode Electronics reports Q2 adjusted EPS (19c), consensus (19c)

Reports Q2 revenue $246.9M, consensus $237.69M. President and CEO Jon DeGaynor said, “Methode’s transformation journey made further progress in the quarter and is on track. I am proud of the unwavering commitment and hard work that the Methode team has put into our transformation. The tangible improvements we have made are creating real value for our customers and shareholders. We are laser focused on improving execution and making Methode a more reliable and resilient company.”