Methode Electronics Inc. Q2 adjusted EBITDA rises 12% to USD 18 million

Reuters12-04
<a href="https://laohu8.com/S/MEI">Methode Electronics Inc</a>. <a href="https://laohu8.com/S/QTWO">Q2</a> adjusted EBITDA rises 12% to USD 18 million

Methode Electronics reported net sales of USD 247 million for the second quarter (Q2) of fiscal 2026. Adjusted EBITDA for the period reached USD 18 million, representing a 12 percent increase on a sequential quarter basis. Free cash flow for Q2 was negative USD 12 million, showing an improvement of USD 47 million compared to the prior year. For the first half $(HY)$ of fiscal 2026, net sales totaled USD 487 million, with adjusted EBITDA at USD 33 million and free cash flow at USD 6 million. The company reaffirmed its fiscal 2026 sales guidance in the range of USD 900 million to USD 1 billion and adjusted EBITDA between USD 70 million and USD 80 million.

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