Methode Electronics(MEI) - 2024 Q3 - Quarterly Results

Exhibit 99.1 Methode Electronics, Inc. Reports Fiscal 2024 Third Quarter Financial Results Chicago, IL – March 7, 2024 – Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom- engineered solutions for user interface, LED lighting and power distribution applications, today announced financial results for the third quarter of fiscal 2024 ended January 27, 2024. Excluding Nordic Lights, selling and administrative expense decreased $1.4 million primarily due to lower stock-based compensatio ...