Kimball Electronics

Kimball Electronics, Inc. engages in the provision of engineering, manufacturing and supply of chain services to customers in the automotive, medical, industrial and public safety end markets. It offers the following solutions: design services, rapid prototyping and new product introduction support, production and testing of printed circuit board assemblies, industrialization and automation of manufacturing processes, reliability testing, assembly, production and packaging of other related non-electronic products, supply chain services and complete product life cycle management. The company was founded in 1961 and is headquartered in Jasper, IN.

Earnings data Q3 2021

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Kimball Electronics reports robust Q3 performance and outlines growth opportunities

Kimball Electronics delivered strong financial results in Q3 2023, driven by growth across all verticals. The company's outlook for fiscal 2023 includes an expected 30% increase in net sales and adjusted operating income at the mid to low point of the guidance range. Management emphasized the company's strengths and opportunities while acknowledging challenges in gross margin rate, recession preparedness, and global supply chain disruptions.

Kimball Electronics reports record Q2 sales amidst supply chain challenges

Kimball Electronics delivered strong financial performance in Q2 2023, with record net sales and improved operating income, reflecting operational excellence and growth momentum.
While facing challenges related to component shortages impacting cash flow and inventory levels, the company remains resilient and proactive in addressing these issues.
With raised guidance for fiscal 2023 and a focus on managing working capital and supply chain disruptions, Kimball Electronics is poised for continued growth and market resilience.

Kimball Electronics achieves record sales in Q3 2023, eyes global expansion

Kimball Electronics delivered exceptional performance in Q3 2023, showcasing robust sales growth and financial stability. Despite supply chain challenges, the company remains resilient and anticipates continued growth opportunities through strategic expansions and market trends.

Kimball Electronics reports record Q4 performance amidst customer challenges

Kimball Electronics (KE) delivered strong financial performance in Q4 2023, with record sales and operating income, driven by growth across key sectors.
While facing challenges from a significant customer issue, KE remains optimistic about growth opportunities and operational improvements in FY '24.
By maintaining a focus on efficiency, capacity utilization, and strategic growth initiatives, KE aims to navigate challenges and capitalize on emerging opportunities.
The company's resilience, continuous improvement culture, and strategic focus position it well for sustainable growth and profitability in the future.

Kimball Electronics reports record Q1 sales but revises 2024 guidance

Kimball Electronics delivered a strong performance in Q1 2024, achieving record sales and income growth. While facing challenges in certain markets, the company remains resilient with a focus on cost management and customer relationships. Opportunities lie in navigating market dynamics and sustaining partnerships for long-term growth.

Kimball Electronics faces Q2 challenges, eyes growth opportunities ahead

Kimball Electronics navigated challenges in Q2 2024 with a focus on cost management and organic growth strategies.
Despite a decline in net sales, the company demonstrated strengths in certain vertical markets and regions like North America and China.
Opportunities for growth lie in operational efficiency improvements, market expansion, and strengthening customer relationships.

Kimball Electronics reports Q3 sales decline, focuses on EMS growth

Kimball Electronics (KE) reported a decline in net sales across all vertical markets in Q3 2024, with strategic steps taken to realign operations and enhance focus on EMS operations.
Despite challenges from weak demand and recalls, the company maintained a healthy financial position with a focus on cost management and operational efficiency.
Anticipated macro headwinds and restructuring charges in fiscal 2025 highlight the need for continued strategic adaptation and financial prudence in navigating market uncertainties.
Opportunities lie in leveraging divestiture benefits, exploring growth avenues, and sustaining efforts to drive profitability and long-term value creation in a competitive landscape.

Kimball Electronics reports Q4 2024 decline, focuses on EMS growth

Kimball Electronics faced YoY declines in net sales across automotive, medical, and industrial segments.
Despite challenges, the company is strategically focusing on core EMS operations for growth.
FY 2025 guidance suggests a positive outlook with net sales of $1.44B-$1.54B and adjusted operating income of 4%-4.5%.
Analyst questions during the earnings call covered various topics, reflecting investor interest and concerns.

Kimball Electronics Q1 2025: Navigating Challenges, Focused Growth Strategy

Kimball Electronics navigated challenges in Automotive, Medical, and Industrial segments while focusing on core verticals.
Efforts to streamline operations and reduce inventory demonstrate a commitment to efficiency and financial discipline.
Guidance for fiscal year 2025 reflects a strategic outlook for growth and profitability amidst market challenges.
Overall, Kimball Electronics aims to leverage opportunities in key segments to drive future performance and value creation.

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Kimball Electronics, Inc. engages in the provision of contract manufacturing services including engineering and supply chain support for the production of electronic assemblies and other products including medical devices, medical disposables, precision molded plastics, and automation, test, and inspection equipment primarily in automotive, medical, and industrial applications. It operates through the following business units: the United States, China, Mexico, Poland, Romania, Thailand, and GES. The company was founded in 1961 and is headquartered in Jasper, IN.

JASPER, Ind.--(BUSINESS WIRE)--Kimball Electronics, Inc. (Nasdaq: KE) today announced that it will report first quarter fiscal year 2024 financial results on Monday, November 6, 2023, after the closing of the market. The company will host a conference call and live webcast to review the results on Tuesday, November 7, 2023, at 10:00 a.m. Eastern Time. The telephone number to access the conference call is 404-975-4839 in the United States, or 833-470-1428 for other locations. Please reference co.

Kimball Electronics, Inc. Announces Date For Reporting First Quarter Fiscal Year 2024 Financial Results

JASPER, Ind.--(BUSINESS WIRE)--Kimball Electronics, Inc. (Nasdaq: KE) was honored for achieving the Highest Overall Customer Ratings in four categories of CIRCUITS ASSEMBLY'S 2023 Service Excellence Awards: Dependability/Timely Delivery, Technology, Value for the Price, and Manufacturing Quality. CIRCUITS ASSEMBLY, a leading industry publication covering the mixed-technology electronics assembly marketplace, recognized companies that received the highest customer service ratings, as judged by t.

Kimball Electronics Wins Highest Overall Customer Ratings in Four Categories of CIRCUITS ASSEMBLY'S 2023 Service Excellence Awards

JASPER, Ind.--(BUSINESS WIRE)--Kimball Electronics, Inc. (Nasdaq: KE) today announced Kimball Electronics Jasper was recently named as one of the Indiana Best Places to Work in Manufacturing. This program was created by the Indiana Chamber of Commerce. The statewide survey and awards program is designed to evaluate participating organizations and honor those with the highest levels of employee satisfaction and engagement in the workplace. This year's list is made up of seventeen companies. “We.

Kimball Electronics Jasper Earns Recognition as 2023 Indiana Best Places to Work in Manufacturing

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Katapult Holdings

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Kimball Electronics provides electronic manufacturing services globally and has experienced significant growth in its stock price over the past 9 years. The company's electronic solutions in the automotive, medical, and industrial services industries are delivering on all cylinders. Kimball Electronics has been achieving record sales figures and increasing margins, indicating potential for further growth.

Kimball Electronics: Consistently Topping Record Quarterly Sales

Kimball Electronics Inc. has seen steady share price growth and offers appealing investment opportunities. The company provides contract electronics and manufacturing services to a wide range of markets, showcasing resilience and a solid balance sheet. KE focuses on industrial and manufacturing developments, with consistent revenue and EPS growth, making it a promising investment option.

Kimball Electronics: Growth Is Strong And Likely To Continue

JASPER, Ind.--(BUSINESS WIRE)--Kimball Electronics, Inc. (Nasdaq: KE) today announced financial results for the fourth quarter and fiscal year ended June 30, 2023.   Three Months Ended   Fiscal Year Ended   June 30,   June 30, (Amounts in Thousands, except EPS) 2023   2022   2023   2022 Net Sales $ 496,141     $ 373,497     $ 1,823,429     $ 1,349,535   Operating Income $ 31,449     $ 20,578     $ 87,729     $ 52,549   Adjusted Operating Income (non-GAAP) (1) $ 31,480     $ 19,419     $ 88,218.

Kimball Electronics Reports Q4 and Full Year Fiscal 2023 Results With Record Sales and Operating Income; Company Provides Guidance for Fiscal 2024

JASPER, Ind.--(BUSINESS WIRE)--All of us at Kimball Electronics mourn the loss of our longtime Chairman and CEO and dear friend, Don Charron. At the same time, we celebrate and honor Don for his deep personal and engaging commitment to his family, his community, and our company. Don was a strong believer in doing the right thing and shaped our Guiding Principles, and we are forever grateful for his warmth, positivity, generosity, and tireless work that, over his 24 years of service, contributed.

Kimball Electronics Mourns the Loss of Former Chairman and CEO, Donald D. Charron

JASPER, Ind.--(BUSINESS WIRE)--Kimball Electronics, Inc. (Nasdaq: KE) today announced that it will report fourth quarter and fiscal year 2023 financial results on Wednesday, August 16, 2023, after the closing of the market. The company will host a conference call and live webcast to review the results on Thursday, August 17, 2023, at 10:00 a.m. Eastern Time. The telephone number to access the conference call is 404-975-4839 in the United States, or 833-470-1428 for other locations. Please refer.

Kimball Electronics, Inc. Announces Date For Reporting Fourth Quarter and Fiscal Year 2023 Financial Results

JASPER, Ind.--(BUSINESS WIRE)--Kimball Electronics, Inc. (Nasdaq: KE) today announced that it has earned the “Prime” Environmental, Social, and Governance (“ESG”) Corporate rating from Institutional Shareholder Services (“ISS”), one of the world's leading rating agencies for corporate governance and sustainable investments. This distinction follows on ISS's top-decile QualityScore rating of Kimball Electronics earlier this year in each of the three ESG pillars. “A Prime rating means the Company.

Kimball Electronics Earns Prime ESG Corporate Rating From ISS ESG

Kimball Electronics, Inc. (NASDAQ:KE ) Q3 2023 Earnings Conference Call May 5, 2023 10:00 AM ET Company Participants Andy Regrut - Vice President, Investor Relations Ric Phillips - Chief Executive Officer Jana Croom - Chief Financial Officer Conference Call Participants Jaeson Schmidt - Lake Street Capital Hendi Susanto - Gabelli Funds Mac Furst - Singular Research Operator Good morning, ladies and gentlemen and welcome to the Kimball Electronics Third Quarter Fiscal 2023 Earnings Conference Call. My name is Dacey and I'll be facilitating your call today.

Kimball Electronics, Inc. (KE) Q3 2023 Earnings Call Transcript

JASPER, Ind.--(BUSINESS WIRE)--Kimball Electronics, Inc. (Nasdaq: KE) today announced financial results for the third quarter ended March 31, 2023.   Three Months Ended   Nine Months Ended   March 31,   March 31, (Amounts in Thousands, except EPS) 2023   2022   2023   2022 Net Sales $ 484,703     $ 368,057     $ 1,327,288     $ 976,038   Operating Income $ 25,220     $ 20,277     $ 56,280     $ 31,971   Adjusted Operating Income (non-GAAP) (1) $ 25,573     $ 19,558     $ 56,738     $ 30,183   O.

Kimball Electronics Reports Q3 Results With Record Revenue and Expanding Operating Margin; Company Updates Outlook for Fiscal Year 2023 With Sales Expected at the High-End and Adjusted Operating Margin in the Mid-to-Low End of Its Guidance Range

JASPER, Ind.--(BUSINESS WIRE)--Kimball Electronics, Inc. (Nasdaq: KE) today announced that it will report third quarter fiscal year 2023 financial results on Thursday, May 4, 2023, after the closing of the market. The company will host a conference call and live webcast to review the results on Friday, May 5, 2023, at 10:00 a.m. Eastern Time. The telephone number to access the conference call is 404-975-4839 in the United States, or 833-470-1428 for other locations.

Kimball Electronics, Inc. Announces Date For Reporting Third Quarter Fiscal Year 2023 Financial Results

JASPER, Ind.--(BUSINESS WIRE)--Kimball Electronics, Inc. (Nasdaq: KE) today announced the Company will be attending the Sidoti Small-Cap 2023 Virtual Conference. Richard D. Phillips, Chief Executive Officer, and Jana T. Croom, Chief Financial Officer, will participate in a fireside chat on Thursday, March 23, 2023, at 2:30 PM ET. A webcast of the fireside chat will be available on the Company website, on the Events & Presentations tab in the Investor Relations section, at https://investors.

Kimball Electronics to participate at the Sidoti Small-Cap 2023 Virtual Conference

JASPER, Ind.--(BUSINESS WIRE)--Kimball Electronics, Inc. (Nasdaq: KE) today announced the release of its 2022 Environmental, Social & Governance (ESG) Report, themed “Poised to Make an Impact,” highlighting the Company's ongoing efforts to operate sustainably and responsibly in calendar year 2022.

Kimball Electronics, Inc. Releases 2022 Environmental, Social & Governance Report

JASPER, Ind.--(BUSINESS WIRE)--Kimball Electronics, Inc. (Nasdaq: KE) today announced the Company celebrated the retirement of long-standing Chairman and CEO, Donald D. Charron, and welcomed incoming Chief Executive Officer, Richard D. Phillips, with a market closing bell ceremony at Nasdaq on Wednesday, February 22, 2023. Commenting on the event, Mr. Charron stated, “I was thrilled with the opportunity to celebrate my retirement by ringing the closing bell.

Kimball Electronics Celebrates Retirement of Don Charron, Chairman and CEO, and Welcomes Incoming Chief Executive Officer, Ric Phillips, by Ringing the Closing Bell at Nasdaq

Kimball Electronics has generally fared well from a sales perspective, but bottom line results have been volatile from year to year. 2023 is certainly looking up for the company, with sales soaring and most bottom line results coming in stronger than they were a year earlier.

Kimball Electronics: An Attractive Play On Booming Sales, Improving Cash Flows

Kimball Electronics recently posted Q2 FY23 results with significant rise in the revenue and net income. Automobile, medical, and industrial segment revenue rose significantly.

Kimball Electronics: Undervalued Stock With A Lot Of Growth Potential

In Q2:FY23, which ended on Dec 31, 2022, KE reported record quarterly revenues of $436.7 million, an all-time high for the fourth consecutive quarter and up 39% year-over-year. The company forecasts solid revenue growth for the second half of fiscal 2023, driven by ramped-up production at its international subsidiaries.

Kimball Electronics: New CEO, Record Revenue, Raises Guidance, Maintain Buy

Kimball Electronics, Inc. (NASDAQ:KE ) Q2 2023 Earnings Conference Call February 9, 2023 10:00 AM ET Company Representatives Don Charron - Chairman, Chief Executive Officer Jana Croom - Chief Financial Officer Ric Phillips - Incoming Chief Executive Officer Andrew Regrut - Vice President of Investor Relations Conference Call Participants Anja Soderstrom - Sidoti Jaeson Schmidt - Lake Street Capital Mac Furst - Singular Research Operator Good morning, ladies and gentlemen. Welcome to Kimball Electronics, Second Quarter Fiscal 2023 Earnings Conference Call.

Kimball Electronics, Inc. (KE) Q2 2023 Earnings Call Transcript

Net sales in the second quarter of fiscal 2023 totaled $436.7 million, an all-time quarterly high and up 39% year-over-year; foreign currency had a 5% unfavorable impact on net sales compared to the second quarter of fiscal 2022

Kimball Electronics Reports Q2 Results With Record Sales and Expanding Operating Margin; Company Raises Outlook for Top-line Growth in Fiscal Year 2023

JASPER, Ind.--( BUSINESS WIRE )--Kimball Electronics, Inc. (Nasdaq: KE) today announced that its Global Equipment Services (“GES”) business will participate at the SPIE Photonics West Conference on Saturday, January 28, 2023 through Thursday, February 2, 2023 at The Moscone Center in San Francisco, CA. Dr. Sangtaek Kim, Director of Global Optical Engineering for GES, will present insights on optical leak detection technology on Monday, January 30 at 4:00 PM PST. The conference, billed as a premier laser, biomedical optics, and optoelectronics event, is in-person only. To register, please visit SPIE.Photonics West. A copy of Dr. Kim's presentation will be available by request after the event by contacting Adam Rahrer, Director of Business Development and Customer Support for GES.

Global Equipment Services, a Kimball Electronics Company, to Participate at the SPIE Photonics West Conference

JASPER, Ind.--( BUSINESS WIRE )--Kimball Electronics, Inc. (Nasdaq: KE) today announced that it will report second quarter fiscal year 2023 financial results on Monday, February 6, 2023, after the closing of the market. The company will host a conference call and live webcast to review the results on Tuesday, February 7, 2023, at 10:00 a.m. Eastern Time.

Kimball Electronics, Inc. Announces Date For Reporting Second Quarter Fiscal Year 2023 Financial Results

JASPER, Ind.--( BUSINESS WIRE )--Kimball Electronics, Inc. (Nasdaq: KE) today announced that Donald D. Charron, Chairman and Chief Executive Officer, will retire on February 28, 2023. Mr. Charron, who has been in the role for nearly a quarter century, including since the Company's spin-off from Kimball International in 2014, will depart with an impressive legacy of contributions not only to the Company, but the Electronics Manufacturing Services (EMS) industry. Richard D. Phillips, an accomplished executive and transformational leader across manufacturing, distribution, industrial, consumer, and healthcare, will join Kimball Electronics on March 1, 2023, as Chief Executive Officer and a Director. Lead Independent Director, Robert J. Phillippy, a member of the Kimball Electronics Board since 2018, will become the Company's non-executive Chairperson.

Kimball Electronics Announces Retirement of Don Charron, Chairman and CEO

JASPER, Ind.--( BUSINESS WIRE )--Kimball Electronics, Inc. (Nasdaq: KE) today announced the company will be attending the Sidoti December Small-Cap 2022 Virtual Conference. Jana Croom, Chief Financial Officer, will present on Wednesday, December 7, 2022, at 1:00 PM ET. A webcast of the presentation will be available on the company website, on the Events & Presentations tab in the Investor Relations section, at https://investors.kimballelectronics.com/events-and-presentations/events. If you are unable to attend the live webcast, an archive will be available in this same location on the company website.

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