earnings
confidence high
sentiment neutral
materiality 0.60
Methode Electronics Q2 net loss narrows to $1.6M; raises FY2025 adjusted pre-tax income guidance
METHODE ELECTRONICS INC
2025-Q2 EPS
reported -$0.56
vs consensus $0.04
▼ miss
(-1681.9%)
- Net sales $292.6M vs $288.0M YoY; net loss $1.6M ($0.05 loss per share) vs $55.3M loss in prior year.
- Adjusted net income $5.2M ($0.14 adjusted EPS) vs $2.4M ($0.06) YoY; adjusted pre-tax income $6.2M.
- Guidance: FY2025 adjusted pre-tax income raised to approximately breakeven (from approaching); FY2026 reaffirmed, sales > FY2025 and pre-tax positive.
- Over $50M in program awards; EV applications 20% of net sales.
- Operating cash flow negative $48.0M vs negative $0.6M; free cash flow negative $58.4M.