Methode Electronics surges on Q1 beat, maintains $900M–$1B sales outlook for FY26 (MEI:NYSE)
Core Insights - Methode Electronics (NYSE:MEI) experienced a 10% increase in premarket trading after surpassing quarterly profit and revenue estimates [2] Financial Performance - The automotive segment reported net sales of $106.1 million for the quarter, a decline from $134.8 million in the same quarter of fiscal 2025, primarily attributed to lower volume [2]