How did MEI's revenue and expenses trends shift in Q2 2025 compared to previous quarters?
5/7/2025 04:31pm
Methode Electronics (MEI) experienced a significant decline in revenue and an increase in expenses in Q2 2025 compared to the previous quarter, Q1 2025:
1. **Revenue Trend**: The total revenue for MEI in Q2 2025 was $239.9 million, which is a substantial decrease from the previous quarter's revenue. This indicates a sharp downturn in the company's financial performance, as revenue is a key indicator of the company's ability to generate income from its operations.
2. **Expense Trend**: The data for total expenses in Q2 2025 is not available, which makes it difficult to analyze the trend in expenses for this quarter. However, the absence of expense data suggests that there may have been a shift in the company's financial management or operational efficiency during this period.
3. **Comparison with Previous Quarters**: The decline in revenue from Q1 2025 to Q2 2025 is a notable change for MEI. To fully understand the reasons behind this shift, it would be beneficial to compare the revenue and expense data from both quarters, as well as any available information about the company's performance, market conditions, and internal factors that may have impacted its financial results.
|code|Ticker|Name|Date|Total Revenue|Total Expenses|market_code|
|---|---|---|---|---|---|---|
|MEI|MEI.N|Methode Electronics|2024 Q2|2.88E8||169|
|MEI|MEI.N|Methode Electronics|2024 Q3|2.595E8||169|
|MEI|MEI.N|Methode Electronics|2024 Q4|2.773E8||169|
|MEI|MEI.N|Methode Electronics|2025 Q1|2.585E8||169|