NASDAQ:KE

Kimball Electronics to Participate in Upcoming Investor Events

Retrieved on: 
Wednesday, May 8, 2024

Kimball Electronics, Inc. (Nasdaq: KE) today announced its schedule to participate in the following investor conferences in May 2024.

Key Points: 
  • Kimball Electronics, Inc. (Nasdaq: KE) today announced its schedule to participate in the following investor conferences in May 2024.
  • For those unable to participate in the live webcast, a replay will be available at investors.kimballelectronics.com .
  • Format: In-Person in New York City, New York; one-on-one meetings only
    For more information about the conferences or to schedule a one-on-one meeting with Kimball Electronics management, please contact your respective representative or contact the Company’s investor relations team.

Kimball Electronics Reports Q3 Results; Company Announces Renewed Strategic Focus, Including Expected Divestiture of the Automation, Test & Measurement Business

Retrieved on: 
Tuesday, May 7, 2024

(1) A reconciliation of GAAP and non-GAAP financial measures is included below.

Key Points: 
  • (1) A reconciliation of GAAP and non-GAAP financial measures is included below.
  • Commenting on today’s announcement, Richard D. Phillips, Chief Executive Officer, stated, “As we anticipated, the operating environment has remained challenged for the EMS industry, and our sales in the third quarter declined as expected.
  • With the expected divestiture of the Automation, Test & Measurement business, our team can increase focus and support on our core EMS operations.
  • Net Sales by Vertical Market for Q3 Fiscal 2024:

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

Retrieved on: 
Wednesday, April 24, 2024

Kimball Electronics, Inc. (Nasdaq: KE) today announced that it will report third quarter fiscal year 2024 financial results on Tuesday, May 7, 2024, after the closing of the market.

Key Points: 
  • Kimball Electronics, Inc. (Nasdaq: KE) today announced that it will report third quarter fiscal year 2024 financial results on Tuesday, May 7, 2024, after the closing of the market.
  • The company will host a conference call and live webcast to review the results on Wednesday, May 8, 2024, 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.
  • For those unable to participate in the live webcast, a replay will be archived at investors.kimballelectronics.com .

Kimball Electronics Publishes Annual Sustainability Disclosures with its 2023 Guiding Principles Report

Retrieved on: 
Wednesday, March 27, 2024

Kimball Electronics, Inc. (Nasdaq: KE) today published its annual sustainability disclosures in its 2023 Guiding Principles Report, themed “How We Are Winning Together The Kimball Way.” Based on sustainability activities, performance, and results in calendar 2023, the Company assessed its progress on material economic, environmental, and social impacts in accordance with the Global Reporting Initiative (GRI) Index standards, the world’s most widely used sustainability framework.

Key Points: 
  • Kimball Electronics, Inc. (Nasdaq: KE) today published its annual sustainability disclosures in its 2023 Guiding Principles Report, themed “How We Are Winning Together The Kimball Way.” Based on sustainability activities, performance, and results in calendar 2023, the Company assessed its progress on material economic, environmental, and social impacts in accordance with the Global Reporting Initiative (GRI) Index standards, the world’s most widely used sustainability framework.
  • “This Report reflects sustainability’s deep roots in our Guiding Principles, which have been the decades-long foundation for our reputation as a company that customers depend on for lasting relationships,” said Ric Phillips, CEO, Kimball Electronics.
  • “This Report demonstrates our unflinching dedication to our four Guiding Principles pillars: Customers, People, Citizenship, and Profits.”
    Formerly the Company’s ESG Report, the expanded 2023 Guiding Principles Report is available on Kimball Electronics’ website at www.kimballelectronics.com/esg .
  • The Report also documents how the Company’s sustainability priorities align with and support the United Nations Global Compact’s Ten Principles and the UN Sustainable Development Goals.

Kimball Electronics Reports Q2 Results; Company Updates Guidance for Fiscal 2024

Retrieved on: 
Monday, February 5, 2024

As a reminder, the previous guidance was an estimate of net sales flat with the prior year.

Key Points: 
  • As a reminder, the previous guidance was an estimate of net sales flat with the prior year.
  • Operating income is now expected to be in the range of 4.2% to 4.6% of net sales, compared to the prior estimate of flat with fiscal 2023.
  • The guidance for capital expenditures did not change with a range of $70 to $80 million.
  • We recorded a $2 million allowance for credit losses associated with a customer who is not in bankruptcy, but their ability to pay an outstanding balance was deemed questionable.

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

Retrieved on: 
Monday, January 22, 2024

Kimball Electronics, Inc. (Nasdaq: KE) today announced that it will report second quarter fiscal year 2024 financial results on Monday, February 5, 2024, after the closing of the market.

Key Points: 
  • Kimball Electronics, Inc. (Nasdaq: KE) today announced that it will report second quarter fiscal year 2024 financial results on Monday, February 5, 2024, after the closing of the market.
  • The company will host a conference call and live webcast to review the results on Tuesday, February 6, 2024, 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.
  • For those unable to participate in the live webcast, a replay will be archived at investors.kimballelectronics.com .

Kimball Electronics Reports Q1 Results With Strong Start to the Fiscal Year; Company Updates Guidance for Fiscal 2024

Retrieved on: 
Monday, November 6, 2023

Richard D. Phillips, Chief Executive Officer, stated, “I am very pleased with our results for the first quarter, particularly in light of the current macro environment.

Key Points: 
  • Richard D. Phillips, Chief Executive Officer, stated, “I am very pleased with our results for the first quarter, particularly in light of the current macro environment.
  • Q1 was a strong start to the fiscal year with record first quarter sales and operating income, year-over-year margin expansion, and 13% growth in net income.
  • Cash flow generated from operating activities in the first quarter of fiscal 2024 was $12.8 million, and capital expenditures were $11.3 million.
  • Net Sales by Vertical Market for Q1 Fiscal 2024:

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

Retrieved on: 
Monday, October 23, 2023

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.

Key Points: 
  • 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.
  • For those unable to participate in the live webcast, a replay will be archived at investors.kimballelectronics.com .

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

Retrieved on: 
Wednesday, October 18, 2023

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.

Key Points: 
  • 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.
  • Kimball Electronics was honored for achieving the highest customer ratings in four service categories for EMS companies with annual sales over $500 million.
  • Kimball Electronics has participated in the Service Excellence Awards for the past ten consecutive years, winning awards for excellence in multiple categories in 2015, 2016, 2017, and 2019.
  • For 2023, Kimball Electronics received Highest Overall Customer Ratings in four of the seven categories including: Dependability/Timely Delivery, Technology, Value for the Price, and Manufacturing Quality.

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

Retrieved on: 
Tuesday, October 10, 2023

Kimball Electronics, Inc. (Nasdaq: KE) today announced Kimball Electronics Jasper was recently named as one of the Indiana Best Places to Work in Manufacturing.

Key Points: 
  • Kimball Electronics, Inc. (Nasdaq: KE) today announced Kimball Electronics Jasper was recently named as one of the Indiana Best Places to Work in Manufacturing.
  • “These companies consistently demonstrate to their employees how much they value their contributions.”
    “We are honored and thrilled to be recognized as one of the 2023 Indiana Best Places to Work in Manufacturing.
  • Workforce Research Group managed the overall registration and survey process in Indiana, analyzed the data, and determined the final rankings.
  • For more information on the Indiana Best Places to Work in Manufacturing program, visit www.BestPlacesToWorkManufacturingIN.com .