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Bullboard - Stock Discussion Forum
Methode Electronics Inc
MEI
Technology
Electronic Components
Methode Electronics, Inc. designs, engineers, produces, and sells mechatronic products internationally. The company operates in three segments: Automotive, Industrial, and Interface. The Automotive segment supplies electronic and electro-mechanical devices and related products to automobile original equipment manufacturers directly or through their tiered suppliers. This segment products...
include integrated overhead and center consoles, hidden and ergonomic switches, transmission lead-frames, complex insert molded solutions, LED-based lighting solutions, and sensors, which incorporate magneto-elastic sensing, or other sensing technologies that monitor the operation or status of a component or system. The Industrial segment manufactures exterior and interior lighting solutions, industrial safety radio remote controls, braided flexible cables, current-carrying laminated busbars and devices, custom power-product assemblies comprising PowerRail solutions, high-current high-voltage flexib...
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Bullboard (NYSE:MEI)
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•••
MikeTester
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Post by
MikeTester
on Jan 23, 2025 9:28pm
Methode Electronics: A Global Leader in Custom-Engineered So
MEI looking rough right now. Down 10% YoY with a net loss of $123M in fiscal 2024. New CEO Jon DeGaynor coming in hot to turn things around but facing serious headwinds in automotive, commercial
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