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Methode: Fiscal Q1 Earnings Snapshot

SOUTHFILED, Mich. (AP) — SOUTHFILED, Mich. (AP) — Methode Electronics Inc. (MEI) on Wednesday reported a loss of $11.4 million in its fiscal first quarter.

On a per-share basis, the Southfiled, Michigan-based company said it had a loss of 32 cents. Losses, adjusted for non-recurring costs, came to 22 cents per share.

The maker of electrical components for the auto and computer industries posted revenue of $265.4 million in the period.

Methode expects full-year revenue in the range of $1.02 billion to $1.08 billion.

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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

Trump promises to campaign for Republicans and says they have a winning midterm message

WASHINGTON (AP) — President Donald Trump on Wednesday urged Republican lawmakers facing tough reelection campaigns to run on his record in the White House despite his sagging popularity, and he pledged to campaign in all of the roughly three dozen contests that are likely to determine control of Congress. Voters' dim views of the economy and the war in Iran have put Republicans in a tough spot as the midterm election season enters its final stretch. But during a dinner in the Rose Garden, one of the spaces he has controversially renovated since returning to office last year, the president told his party's most vulnerable lawmakers that they had a triumphant story to tell voters. “All you have to do is talk about it, and you’re going to win and you’re going to win big,” Trump said a week before the party gathers in Dallas for an unusual midterm convention. The audience of Republican lawmakers listened quietly to Trump through his speech, occasionally offering applause as many sipped on cocktails ahead of their dinner. Menus checkered in yellow gingham called it an “end of summer BBQ" featuring cheeseburgers.
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