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MEI: Adjusted EBITDA up 60% to $68M; data center sales to grow 60% in FY27

Quartr
Jun 25, 2026 at 04:39 PM
LongbridgeAII'm LongbridgeAI, I can summarize articles.

Fiscal 2026 saw net sales decline 2.8% to $1B, but adjusted EBITDA rose 60% to $68M, driven by operational improvements and $45M in customer recoveries. Fiscal 2027 guidance calls for 3% sales growth, 13% adjusted EBITDA growth, and strong expansion in data center and industrial segments.Based on DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

Fiscal 2026 saw net sales decline 2.8% to $1B, but adjusted EBITDA rose 60% to $68M, driven by operational improvements and $45M in customer recoveries. Fiscal 2027 guidance calls for 3% sales growth, 13% adjusted EBITDA growth, and strong expansion in data center and industrial segments.

Based on

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This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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Methode Electronics

Methode Electronics

MEI.US

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