Methode Electronics, Inc. Reports Fiscal 2018 Second-Quarter Sales and Earnings
(World News USA)

CHICAGO, Dec. 07, 2017 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE:MEI), a global developer of custom engineered and application specific products and solutions, announced financial results for the second quarter and first half of Fiscal 2018 ended October 28, 2017. Second Quarter Fiscal 2018 Methode`s second-quarter Fiscal 2018 net sales increased $20.8 million, or 9.9 percent, to $230.1 million from $209.3 million in the same quarter of Fiscal 2017. Year over year, currency rate fluctuations increased net sales $2.4 million. The second quarter of Fiscal 2018 includes net sales from new acquisitions in the Automotive segment of $7.0 million from Pacific Insight and $9.1 million from...