Associated tags: Electronics, Manufacturing, Other Manufacturing, Engineering, Hardware, Electronic Design Automation, Consumer Electronics, Other Technology, Semiconductor, Health, KE
Locations: UNITED STATES, NORTH AMERICA, INDIANA
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 .
Retrieved on:
Wednesday, March 27, 2024
Other Manufacturing,
Environment,
Technology,
Other Technology,
Professional Services,
Manufacturing,
Sustainability,
Environmental, Social and Governance (ESG),
Consumer Electronics,
Employee resource group,
Report,
Veteran,
Risk,
ESG,
Chief,
Electronics,
GRI,
Originality,
Woman,
Task force,
ISS,
Safety,
EMS,
Calendar,
Guiding Principles 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.
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.
Hardware,
Electronic Design Automation,
IOT (Internet of Things),
Technology,
Automotive,
Semiconductor,
Other Manufacturing,
Engineering,
Automotive Manufacturing,
Other Automotive,
Other Technology,
Manufacturing,
Electronics 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 .
Hardware,
IOT (Internet of Things),
Semiconductor,
Automotive Manufacturing,
Manufacturing,
Consumer Electronics,
Technology,
Other Automotive,
Medical Devices,
General Automotive,
Other Technology,
Other Manufacturing,
Automotive,
Health,
Engineering,
Public expenditure,
Growth,
Vertical and horizontal market,
Investment,
Kimball,
UAW,
Automation,
Security (finance) 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:
Technology,
Engineering,
Health,
Automotive Manufacturing,
Manufacturing,
Automotive,
Other Technology,
IOT (Internet of Things),
Medical Devices,
Other Automotive,
Hardware,
Other Manufacturing,
Electronic Design Automation,
Semiconductor,
Electronics,
Broadcasting 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 .
Retrieved on:
Wednesday, October 18, 2023
Vehicle Technology,
Hardware,
Electronic Design Automation,
Consumer Electronics,
Medical Devices,
Technology,
Automotive,
Other Manufacturing,
Engineering,
Other Automotive,
Manufacturing,
Health,
Electronics,
International Conference on Technology in Collegiate Mathematics,
Conference,
Software,
Responsiveness,
EMS,
Price,
Service Excellence Awards,
Culture,
Electronics manufacturing services,
Video game 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.
Retrieved on:
Tuesday, October 10, 2023
Vehicle Technology,
Hardware,
Electronic Design Automation,
Consumer Electronics,
Medical Devices,
Technology,
Automotive,
Other Manufacturing,
Engineering,
Other Automotive,
Manufacturing,
Health,
Workforce,
Human resources,
Organization,
Commerce,
Workplace,
Philosophy,
Electronics,
Management,
Amusement park 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 .
Retrieved on:
Wednesday, September 27, 2023
Kimball Electronics, Inc. (Nasdaq: KE) today announced the Company will hold its Annual Meeting of Share Owners on Friday, November 17, 2023, at 10:00 a.m. (ET).
Key Points:
- Kimball Electronics, Inc. (Nasdaq: KE) today announced the Company will hold its Annual Meeting of Share Owners on Friday, November 17, 2023, at 10:00 a.m. (ET).
- This will be a hybrid event with the in-person meeting occurring at the Kimball Electronics corporate office located at 1205 Kimball Boulevard, Jasper, Ind.
- Share Owners entitled to vote at the meeting may also vote their shares online during the meeting.
- The Company will file its proxy statement on Thursday, September 28, 2023, which will include details confirming how Share Owners can access the November 17 hybrid annual meeting and vote shares before or during the meeting.
Retrieved on:
Wednesday, August 16, 2023
Technology,
General Automotive,
Engineering,
Health,
Automotive Manufacturing,
Manufacturing,
Automotive,
Other Technology,
IOT (Internet of Things),
Medical Devices,
Hardware,
Other Manufacturing,
Semiconductor,
Consumer Electronics,
Borrowing base,
Growth,
EPS,
Capital expenditure,
GAAP,
Vertical and horizontal market,
Fiscal,
Bank,
Drug,
Security (finance) Richard D. Phillips, Chief Executive Officer, stated, “I am very pleased with the results we reported for the fourth quarter and fiscal year 2023.
Key Points:
- Richard D. Phillips, Chief Executive Officer, stated, “I am very pleased with the results we reported for the fourth quarter and fiscal year 2023.
- Q4 was our sixth consecutive quarter with record sales, and operating income and EPS were at all-time highs for the Company.
- The strong finish to the fiscal year drove net sales above the guidance we provided in May, and contributed to better than expected cash flow generation in the quarter.
- Operating income of $87.7 million, or 4.8% of net sales, an improvement compared to $52.5 million, or 3.9% of net sales, in fiscal 2022.
