8-K
filed August 16, 2023, 7:59 PM ET
ticker KE
CIK 0001606757
earnings
confidence high
sentiment positive
materiality 0.75
Kimball Electronics Q4 record sales $496M (+33% YoY); guides FY2024 growth 4%-7%
Kimball Electronics, Inc.
2023-FY EPS reported
$2.22
revenue$1,823,429,000
- Q4 net sales $496.1M (+33% YoY), operating income $31.4M (6.3% margin), diluted EPS $0.76.
- Full-year FY2023 net sales $1.823B (+35% YoY), net income $55.8M ($2.22 EPS, +79% YoY).
- FY2024 guidance: top-line growth 4%-7%, operating income margin 4.7%-5.2%.
- Q4 cash flow from operations of $44.1M.
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 Fourth quarter ended June 30, 2023 results: revenue $496.1 million, net income $19.2 million, EPS $0.76.
- Period
- Fourth quarter ended June 30, 2023
- Revenue
- $496.1 million
- Net income
- $19.2 million
- EPS
- $0.76
- Result
- reported results
Exact text from the filing
Fourth Quarter Fiscal 2023 Highlights • Net sales totaled $496.1 million, a 33% increase compared to Q4 fiscal 2022, and completing a fiscal year with top-line growth of 35%. • Operating income of $31.4 million, or 6.3% of net sales, a record high for the Company. For fiscal year 2023, operating income was 4.8% of net sales. • Net income of $19.2 million, or $0.76 per diluted share. In fiscal year 2023, the Company earned $2.22 per diluted share, a 79% increase compared to the prior year.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
Kimball Electronics, Inc. updated its Fiscal 2024 guidance (initiated).
- Period
- Fiscal 2024
- Guidance
- initiated
- Result
- guidance update
Exact text from the filing
• Company provides guidance for fiscal 2024 with expected top-line growth of 4%-7% and operating income in the range of 4.7%-5.2% of net sales.
View on SEC.gov
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.