Investing.com - Methode Electronics reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Methode Electronics announced earnings per share of $0.75 on revenue of $316M. Analysts polled by Investing.com anticipated EPS of $0.64 on revenue of $294.37M.
Methode Electronics shares are down 7.1% from the beginning of the year and are trading at $45.68 , down-from-52-week-high.
Methode Electronics follows other major Information Technology sector earnings this month
Methode Electronics's report follows an earnings missed by NVIDIA on Wednesday, November 16, 2022, who reported EPS of $0.58 on revenue of $5.93B, compared to forecasts EPS of $0.71 on revenue of $5.8B.
Cisco had beat expectations on Wednesday, November 16, 2022 with first quarter EPS of $0.86 on revenue of $13.6B, compared to forecast for EPS of $0.84 on revenue of $13.29B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar