Methode Electronics shares fall after Q2 earnings miss on sales, adjusted EBITDA
Methode Electronics shares fell 8.8% in the morning session after it reported second-quarter earnings results that missed analysts’ estimates for sales and adjusted EBITDA, per a company press release.
What Happened? Shares of custom-engineered solutions manufacturer Methode Electronics NYSE:MEIfell 8.8% in the morning session after the company reported second quarter earnings results which missed analysts’ estimates for sales and adjusted EBITDA.According to a company press release, Methode Elec…