In other recent news, Methode Electronics Inc. reported its third-quarter earnings for fiscal year 2025, revealing a significant miss in earnings per share (EPS) and a decline in revenue compared to forecasts. The company posted an EPS of -$0.21, falling short of the expected -$0.12. Revenue also came in at $239.9 million, below the anticipated $259.27 million, marking an 8% decrease year-over-year. Despite these challenges, Methode Electronics managed to improve its gross profit and return to positive free cash flow, reporting $19.6 million, an increase of $7.4 million from the previous year.