SOUTHFILED, Mich. (AP) — SOUTHFILED, Mich. (AP) — Methode Electronics Inc. (MEI) on Wednesday reported a loss of $11.4 million in its fiscal first quarter.
On a per-share basis, the Southfiled, Michigan-based company said it had a loss of 32 cents. Losses, adjusted for non-recurring costs, came to 22 cents per share.
The maker of electrical components for the auto and computer industries posted revenue of $265.4 million in the period.
Methode expects full-year revenue in the range of $1.02 billion to $1.08 billion.
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