---
schema_version: "secwatch.filing_event.v1"
accession: "0001606757-24-000012"
form_type: "8-K"
ticker: "KE"
cik: "0001606757"
company_name: "Kimball Electronics, Inc."
filed_at: "2024-05-07T23:59:59+00:00"
generated_at: "2026-06-02T18:34:27.683520+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Kimball Electronics posts Q3 net loss of $6.1M; plans AT&M divestiture

## Summary
- Net loss of $6.1M ($0.24 diluted EPS); adjusted EPS $0.34 with 4.0% adjusted operating margin.
- Net sales $425.0M, down 12% YoY from $484.7M; operating cash flow $42.6M on inventory reductions.
- Expects to divest Automation, Test & Measurement business; recorded impairment and restructuring costs.
- FY2024 adjusted operating income guidance reaffirmed; net sales estimate lowered; capex reduced.
- Board approves resumption of share repurchases.

## SEC filing metadata
- accession: 0001606757-24-000012
- form_type: 8-K
- ticker: KE
- cik: 0001606757
- company_name: Kimball Electronics, Inc.
- filed_at: 2024-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1606757/000160675724000012/0001606757-24-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1606757/000160675724000012/ke-20240507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001606757-24-000012
- JSON: https://secwatch.observer/filing/0001606757-24-000012.json
- Plain text: https://secwatch.observer/filing/0001606757-24-000012.txt

## Key facts
- Earnings Releases
  Kimball Electronics, Inc. reported the third quarter ended March 31, 2024 results: revenue $425.0 million, net income a net loss of $6.1 million, EPS $0.24 per share. Guidance reaffirmed.
  - Period: the third quarter ended March 31, 2024
  - Revenue: $425.0 million
  - Net income: a net loss of $6.1 million
  - EPS: $0.24 per share
  - Guidance: reaffirmed
  - Result: reported results
  source text: Kimball Electronics, Inc. (Nasdaq: KE) today announced financial results for the third quarter of fiscal 2024 with net sales totaling $425.0 million and a net loss of $6.1 million, or $0.24 per share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1606757/000160675724000012/0001606757-24-000012-index.htm

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