Kimball Electronics Q4 net sales down 13% to $430M; diluted EPS $0.30 vs $0.76

Kimball Electronics, Inc.

2024-FY EPS reported $0.81 revenue$1,714,510,000

Net sales $430.2M in Q4 FY2024, down from $496.1M in Q4 FY2023.
Operating income $19.6M (4.6% of sales), down from $31.4M (6.3%) YoY.
Diluted EPS $0.30, adjusted diluted EPS $0.33, compared to $0.76 and $0.76 respectively.
Full year FY2024 net sales $1.7145B, net income $20.5M ($0.81 EPS) vs $55.8M ($2.22 EPS) last year.
Cash flow from operations $48.5M in Q4, driven by inventory reductions.

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