secwatch.observer — SEC 8-K summary
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Issuer:     Kimball Electronics, Inc. (KE)
CIK:        0001606757
Form:       8-K
Filed at:   2021-11-03T23:59:59+00:00
Accession:  0001606757-21-000109
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kimball Electronics Q1 net sales $292.7M, EPS $0.10, reiterates FY2022 guidance
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- Net sales $292.7M, down 12% YoY from $331.7M; net income $2.6M ($0.10 diluted EPS) vs $16.8M ($0.66).
- Adjusted non-GAAP net income $1.5M ($0.06 diluted EPS) vs $16.6M ($0.65) in Q1 FY2021.
- Operating income $4.8M (1.6% of sales) vs $17.8M (5.4%) prior year; adjusted operating income $3.3M (1.1%).
- Reiterates fiscal year 2022 guidance, citing expectation of strong second-half performance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1606757/000160675721000109/0001606757-21-000109-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1606757/000160675721000109/ke-20211103.htm
  HTML page:      https://secwatch.observer/filing/0001606757-21-000109

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer