Kimball Electronics Q4 net sales up 15% to $329M; adjusted EPS $0.58 vs $0.34 YoY

Kimball Electronics, Inc.

2021-FY EPS reported $2.24 revenue$1,291,807,000

Q4 net sales $329M (+15% YoY); adjusted op margin 5.5%, up 170 bps.
Q4 adjusted EPS $0.58 vs $0.34 YoY; GAAP EPS $0.57 vs ($0.05) loss.
FY2021 record: net sales $1.29B, op income $65.7M (5.1% margin), diluted EPS $2.24.
FY2021 adjusted EPS $2.23 vs $1.10 prior year; cash from ops $26.3M in Q4.
Company expects continued strength in FY2022, but no specific guidance provided.

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