04:39 PM EDT, 09/09/2025 (MT Newswires) -- Methode Electronics ( MEI ) reported fiscal Q1 adjusted net loss late Tuesday of $0.22 per diluted share, narrowing from a loss of $0.31 a year earlier.

An analyst polled by FactSet expected $0.26 loss.

Net sales for the quarter ended Aug. 2 were $240.5 million, down from $258.5 million a year earlier.

Three analysts expected $219.7 million.

For fiscal 2026, the company reiterated net sales guidance of $900 million to $1 billion.

Three analysts are looking for $919.8 million.

Shares of Methode Electronics ( MEI ) were up more than 9% in after-hours trading.