The company expects adjusted EBITDA of $72M-$82M, driven by a $130M data center revenue boost amid EV delays.
Methode Electronics (MEI) forecast fiscal 2027 sales between $1.025 billion and $1.075 billion, with adjusted EBITDA ranging from $72 million to $82 million. The outlook reflects a $130 million contribution from data center growth, offsetting challenges in EV programs and supply chain disruptions.
In fiscal 2026, the company faced EV program delays, customer production volatility, and softness in commercial vehicle markets. Management cited ongoing tariff complexities and operational hurdles as key headwinds during the period.
The guidance suggests a strategic pivot toward high-growth sectors like data centers, though macroeconomic uncertainties persist.