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06.05.25 - 23:36
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Kimball Electronics Reports Q3 Results and Reiterates Guidance for Fiscal 2025 With Sales and Operating Income Expected at High-End of Range; Company Adds New Facility to Support Strategy to Drive Growth in the Medical CMO (Business Wire)
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Third Quarter Fiscal 2025 Highlights
Net sales totaled $374.6 million
Operating income of $11.7 million, or 3.1% of net sales, adjusted operating income of 4.2%
Inventory of $296.6 million, a reduction of $9.6 million from Q2
Cash generated by operating activities of $30.9 million, the fifth consecutive quarter of positive cash flow
Borrowings on credit facilities of $178.8 million, a $26.2 million decrease from the second quarter, and down $116 million, or 40%, in the fiscal year
JASPER, Ind.--(BUSINESS WIRE)--Kimball Electronics, Inc. (Nasdaq: KE) today announced financial results for the third quarter ended March 31, 2025.
Three Months Ended
Nine Months Ended
March 31,
March 31,
(Amounts in Thousands, except EPS)
2025
2024
2025
2024
Net Sales
$
374,607
$
425,036
$
1,106,255
$
1,284,352
Operating Income
$
11,716
$
(6,431
)
$
29,061
$
29,669
Adjusted Operating Income (non-GAAP) (1)
$
15,706
$...
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23.04.25 - 21:30
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Kimball Electronics, Inc. Announces Date For Reporting Third Quarter Fiscal Year 2025 Financial Results (Business Wire)
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JASPER, Ind.--(BUSINESS WIRE)--Kimball Electronics, Inc. (Nasdaq: KE) today announced that it will report third quarter fiscal year 2025 financial results on Tuesday, May 6, 2025, after the closing of the market. The company will host a conference call and live webcast to review the results on Wednesday, May 7, 2025, at 10:00 a.m. Eastern Time.
The telephone number to access the conference call is 877-407-8293 / +1 201-689-8349.
A live webcast of the conference call can be accessed at investors.kimballelectronics.com. For those unable to participate in the live webcast, a replay will be archived at investors.kimballelectronics.com.
About Kimball Electronics, Inc.
Kimball Electronics is a global, multifaceted manufacturer offering Electronics Manufacturing Services (EMS) and Contract Manufacturing Organization (CMO) solutions to customers around the world. From our operations in the United States, China, Mexico, Poland, Romania, and Thailand, our teams are proud to provide manufacturing services for a vari...
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04.02.25 - 22:33
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Kimball Electronics Reports Q2 Results, Company Updates Outlook for Fiscal Year 2025 (Business Wire)
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Second Quarter Fiscal 2025 Highlights
Net sales totaled $357.4 million
Operating income of $8.2 million, or 2.3% of net sales, adjusted operating income of 3.7%
Inventory ended the quarter at $306 million, a reduction of $29 million from Q1, and down $182 million, or 37%, from peak levels
Cash generated by operating activities of $29.5 million, the fourth consecutive quarter of positive cash flow
Borrowings on credit facilities of $205 million, a $41 million decrease from the first quarter, and down $90 million, or 30%, from the beginning of the fiscal year
Enhanced the capital structure by amending the credit facility with the addition of a 5-year, $100 million Term Loan A, which provides additional liquidity to grow the business
JASPER, Ind.--(BUSINESS WIRE)--Kimball Electronics, Inc. (Nasdaq: KE) today announced financial results for the second quarter ended December 31, 2024.
Three Months Ended
Six Months Ended
December 31,
December 31,
(Amounts in Thousands, except EPS)
2024
2023
...
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21.01.25 - 23:57
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Kimball Electronics, Inc. Announces Date For Reporting Second Quarter Fiscal Year 2025 Financial Results (Business Wire)
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JASPER, Ind.--(BUSINESS WIRE)--Kimball Electronics, Inc. (Nasdaq: KE) today announced that it will report second quarter fiscal year 2025 financial results on Tuesday, February 4, 2025, after the closing of the market. The company will host a conference call and live webcast to review the results on Wednesday, February 5, 2025, at 10:00 a.m. Eastern Time.
The telephone number to access the conference call is 877-407-8293 / +1 201-689-8349.
A live webcast of the conference call can be accessed at investors.kimballelectronics.com. For those unable to participate in the live webcast, a replay will be archived at investors.kimballelectronics.com.
About Kimball Electronics, Inc.
Kimball Electronics is a global, multifaceted manufacturing solutions provider of electronics and diversified contract manufacturing services to customers around the world. From our operations in the United States, China, Mexico, Poland, Romania, and Thailand, our teams are proud to provide manufacturing services for a variety of indus...
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28.08.24 - 22:09
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Kimball Electronics to Participate at the 2024 Annual Gateway Conference (GlobeNewswire EN)
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JASPER, Ind., Aug. 28, 2024 (GLOBE NEWSWIRE) -- Kimball Electronics, Inc. (Nasdaq: KE) today announced the Company will be attending the 2024 Annual Gateway Conference, which is being held September 4-5, at the Four Seasons Hotel in San Francisco, CA. Jana Croom, Chief Financial Officer, is scheduled to present on Thursday, September 5, 2024 at 9:00 a.m. Pacific Time....
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01.08.24 - 15:25
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Averna Expands its Asian and North American Footprint with the Acquisition of Global Equipment Services, Inc. from Kimball Electronics, Inc. (PR Newswire)
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600 new employees will be based in Asia and the U.S., with offices in Vietnam, China, India, Japan and Silicon Valley. MONTREAL, Aug. 1, 2024 /PRNewswire/ -- Averna, a leading global test & quality solutions provider, announced the acquisition of Global Equipment Services, Inc. (GES), a......
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