MEI net sales rise 10.4% as it reaffirms fiscal 2027 guidance
MEI reported net sales grew 10.4% to $265.4 million, driven by industrial strength and operational improvements. Profitability was offset by one-time costs and investments. Fiscal 2027 guidance was reaffirmed.
Net sales grew 10.4% to $265.4 million, led by industrial segment strength and operational improvements, though profitability was offset by one-time costs and investments.
Fiscal 2027 guidance is reaffirmed, with continued focus on data center growth, operational transformation, and portfolio optim…