---
schema_version: "secwatch.filing_event.v1"
accession: "0001606757-23-000019"
form_type: "8-K"
ticker: "KE"
cik: "0001606757"
company_name: "Kimball Electronics, Inc."
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T22:05:01.746447+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Record Q3 revenue $484.7M (+32% YoY), EPS $0.65; FY23 outlook sales high-end, margin mid-to-low

## Summary
- Net sales record $484.7M, +32% YoY; foreign currency had 2% unfavorable impact.
- Operating income $25.2M (5.2% of sales); adjusted operating income $25.6M (5.3% of sales).
- Net income $16.4M, diluted EPS $0.65, versus $13.6M and $0.54 in Q3 FY2022.
- FY2023 outlook: sales expected at high-end of guidance range; adjusted operating margin at mid-to-low end.

## SEC filing metadata
- accession: 0001606757-23-000019
- form_type: 8-K
- ticker: KE
- cik: 0001606757
- company_name: Kimball Electronics, Inc.
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1606757/000160675723000019/0001606757-23-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1606757/000160675723000019/ke-20230504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001606757-23-000019
- JSON: https://secwatch.observer/filing/0001606757-23-000019.json
- Plain text: https://secwatch.observer/filing/0001606757-23-000019.txt

## Key facts
- Earnings Releases
  Kimball Electronics, Inc. updated its fiscal year 2023 guidance (reaffirmed).
  - Period: fiscal year 2023
  - Guidance: reaffirmed
  - Result: guidance update
  source text: COMPANY UPDATES OUTLOOK FOR FISCAL YEAR 2023 WITH SALES EXPECTED AT THE HIGH-END AND ADJUSTED OPERATING MARGIN IN THE MID-TO-LOW END OF ITS GUIDANCE RANGE
  evidence_url: https://www.sec.gov/Archives/edgar/data/1606757/000160675723000019/0001606757-23-000019-index.htm
- Earnings Releases
  Kimball Electronics, Inc. reported the third quarter ended March 31, 2023 results: revenue $484.7 million, net income $16.4 million, EPS $0.65 per diluted share. Guidance reaffirmed.
  - Period: the third quarter ended March 31, 2023
  - Revenue: $484.7 million
  - Net income: $16.4 million
  - EPS: $0.65 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: YEAR 2023 WITH SALES EXPECTED AT THE HIGH-END AND ADJUSTED OPERATING MARGIN IN THE MID-TO-LOW END OF ITS GUIDANCE RANGE • Net sales in the third quarter of fiscal 2023 totaled $484.7 million, an all-time quarterly high and up 32% year-over-year; foreign currency had a 2% unfavorable impact on net sales compared to the third quarter of fiscal 2022 • Operating income
  evidence_url: https://www.sec.gov/Archives/edgar/data/1606757/000160675723000019/0001606757-23-000019-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.