Kimball Electronics Q2 FY2022 net income falls 66% to $5.1M ($0.20 EPS); revenue $315.3M

Kimball Electronics, Inc.

2022-Q2 EPS reported $0.30 revenue$607,981,000

Net sales $315.3M, down ~1.7% from $320.6M in Q2 FY2021.
Net income $5.1M vs $15.1M (diluted EPS $0.20 vs $0.60); adjusted EPS $0.20 vs $0.60.
Operating income margin 2.2% vs 5.0%; adjusted operating margin 2.3% vs 5.3%.
Company reiterates FY2022 sales guidance and announces facility expansion in Poland.

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