secwatch.observer — SEC 8-K summary
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Issuer:     Kimball Electronics, Inc. (KE)
CIK:        0001606757
Form:       8-K
Filed at:   2024-08-14T23:59:59+00:00
Accession:  0001606757-24-000022
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1606757/000160675724000022/0001606757-24-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1606757/000160675724000022/ke-20240813.htm
  HTML page:      https://secwatch.observer/filing/0001606757-24-000022

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