Kimball Electronics Q2 sales record $436.7M (+39% YoY); EPS $0.43 vs $0.20; raises FY23 outlook

Kimball Electronics, Inc.

2023-Q2 EPS reported $0.81 revenue$842,585,000

Net sales $436.7M, all-time quarterly high, up 39% YoY; foreign currency had 5% unfavorable impact.
Operating income $17.5M (4.0% margin) vs $6.9M (2.2% margin) in prior year quarter.
Diluted EPS $0.43, more than double prior year's $0.20; adjusted EPS $0.44.
Company raises FY2023 top-line growth outlook, citing strong demand.
Net income $10.7M vs $5.1M in Q2 FY2022.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Kimball Electronics, Inc. reported the second quarter ended December 31, 2022 results: revenue $436.7 million, net income $10.7 million, EPS $0.43 per diluted share. Guidance raised.

Period: the second quarter ended December 31, 2022
Revenue: $436.7 million
Net income: $10.7 million
EPS: $0.43 per diluted share
Guidance: raised
Result: reported results

Exact text from the filing

Net sales in the second quarter of fiscal 2023 totaled $436.7 million, an all-time quarterly high and up 39% year-over-year; foreign currency had a 5% unfavorable impact on net sales compared to the second quarter of fiscal 2022 • Operating income of $17.5 million, or 4.0% of net sales, compared to operating income of $6.9 million, or 2.2% of net sales in the same period last year • Net income of $10.7 million, or $0.43 per diluted share, compared to net income of $5.1 million, or $0.20 per diluted share, in the second quarter of fiscal 2022

View on SEC.gov

Browse all earnings releases →

Kimball Electronics, Inc. filing history →

Source: SEC EDGAR

accession 0001606757-23-000005

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.