Skip to main content

Methode: Fiscal Q3 Earnings Snapshot

CHICAGO (AP) — CHICAGO (AP) — Methode Electronics Inc. (MEI) on Thursday reported a loss of $15.9 million in its fiscal third quarter.

The Chicago-based company said it had a loss of 45 cents per share. Losses, adjusted for non-recurring costs, came to 37 cents per share.

The maker of electrical components for the auto and computer industries posted revenue of $233.7 million in the period.

Methode expects full-year revenue in the range of $950 million to $1 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MEI at https://www.zacks.com/ap/MEI

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
Read Next Story