secwatch.observer — SEC 8-K summary
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Issuer:     Kimball Electronics, Inc. (KE)
CIK:        0001606757
Form:       8-K
Filed at:   2024-02-05T23:59:59+00:00
Accession:  0001606757-24-000006
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kimball Electronics Q2 net sales down 4% YoY to $421.2M; EPS $0.33 vs $0.43; updates FY2024 outlook
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- Net sales $421.2M, down 4% YoY; foreign currency had 1% favorable impact.
- Operating income $16.6M (3.9% of sales) vs $17.5M (4.0%) in Q2 last year.
- Net income $8.3M ($0.33 diluted EPS) vs $10.7M ($0.43) YoY.
- Adjusted operating income $17.1M (4.1% of sales) vs $17.8M (4.1%) YoY.
- Company updated guidance for fiscal 2024 (specifics not detailed in the exhibit excerpt).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1606757/000160675724000006/0001606757-24-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1606757/000160675724000006/ke-20240205.htm
  HTML page:      https://secwatch.observer/filing/0001606757-24-000006

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer