{"schema_version":"secwatch.filing_event.v1","accession":"0001606757-23-000061","form_type":"8-K","ticker":"KE","cik":"0001606757","company_name":"Kimball Electronics, Inc.","filed_at":"2023-11-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.760894+00:00","generated_at":"2026-06-08T20:53:41.902202+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Kimball Electronics Q1 net sales +8% to $438.1M; reduces FY2024 guidance to flat sales","bullets":["Net sales $438.1M (+8% YoY); operating income $19.5M (4.4% of sales) vs $13.6M last year.","Net income $10.8M ($0.43 diluted EPS) vs $9.5M ($0.38) in prior-year quarter.","FY2024 guidance cut: net sales now flat YoY (prev. 4-7% growth); operating income in line with FY2023 (prev. 4.7-5.2% of sales).","Vertical markets: Automotive +13%, Industrial +21%, Medical -12%.","Capital expenditure outlook unchanged at $70-80M."],"urls":{"canonical":"https://secwatch.observer/filing/0001606757-23-000061","json":"https://secwatch.observer/filing/0001606757-23-000061.json","markdown":"https://secwatch.observer/filing/0001606757-23-000061.md","text":"https://secwatch.observer/filing/0001606757-23-000061.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1606757/000160675723000061/0001606757-23-000061-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1606757/000160675723000061/ke-20231106.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T20:53:41.902202+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"222182530f04da5983bf6f321581b5d85380eee9","claim":"Kimball Electronics, Inc. reported first quarter of fiscal 2024 results: revenue $438.1 million, net income $10.8 million, EPS $0.43 per diluted share. Guidance lowered.","evidence_excerpt":"INC. EXHIBIT 99.1 Document Exhibit 99.1 KIMBALL ELECTRONICS REPORTS Q1 RESULTS WITH STRONG START TO THE FISCAL YEAR; COMPANY UPDATES GUIDANCE FOR FISCAL 2024 • Net sales totaled $438.1 million, an 8% increase compared to the first quarter of fiscal 2023; foreign currency had a 1% favorable impact on net sales year-over-year. • Operating income of $19.5 million, or 4.4%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1606757/000160675723000061/0001606757-23-000061-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of fiscal 2024"},{"label":"Revenue","value":"$438.1 million"},{"label":"Net income","value":"$10.8 million"},{"label":"EPS","value":"$0.43 per diluted share"},{"label":"Guidance","value":"lowered"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}