other material
confidence high
sentiment negative
materiality 0.60
Kimball Electronics reaffirms FY2022 guidance, warns supply chain disruptions shift backlog to H2
Kimball Electronics, Inc.
- Reaffirms fiscal 2022 guidance originally provided on August 4, 2021 earnings release.
- Supply chain disruptions (semiconductor shortage, COVID in Malaysia) shifting shippable backlog to second half of FY2022.
- Customer demand at record levels but short/long-term component visibility remains very dynamic.
- CEO Donald Charron and CFO Jana Croom to present at Sidoti Fall 2021 Virtual Investor Conference on Sept 23.