Methode Electronics surges on Q1 beat, maintains $900M–$1B sales outlook for FY26

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Businessman draws increase arrow graph corporate future growth year 2025. Planning,opportunity, challenge and business strategy. New Goals, Plans and Visions for Next Year 2025.

Galeanu Mihai

Methode Electronics (NYSE:MEI) gained 10% in premarket trading on Wednesday after beating estimates for quarterly profit and revenue.

Comparing the automotive segment’s quarter to the same quarter of fiscal 2025, net sales were $106.1 million, down from $134.8 million, mostly due to lower volume in

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