{"schema_version":"secwatch.filing_event.v1","accession":"0001606757-24-000054","form_type":"8-K","ticker":"KE","cik":"0001606757","company_name":"Kimball Electronics, Inc.","filed_at":"2024-11-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:08.953529+00:00","generated_at":"2026-05-30T06:06:23.929913+00:00","sec_items":["2.02","2.05","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Kimball Electronics Q1 net sales $374M, EPS $0.12; plans closure of Tampa facility with $8-11M exit costs","bullets":["Net sales $374.3M, down 14.6% YoY from $438.1M; operating income $9.1M (2.4% of sales) vs $19.5M (4.4%).","GAAP diluted EPS $0.12 (vs $0.43); adjusted diluted EPS $0.22 (vs $0.48); adjusted measures now exclude stock compensation.","Board approved closure of Tampa manufacturing facility by end of fiscal year; expects $8M-$11M total exit costs ($6-7M termination, $2-3M logistics).","Completed divestiture of Automation, Test, and Measurement business; no deal terms disclosed.","Operating cash flow $45.5M; credit facility borrowings at 2-year low; confirms FY2025 guidance."],"urls":{"canonical":"https://secwatch.observer/filing/0001606757-24-000054","json":"https://secwatch.observer/filing/0001606757-24-000054.json","markdown":"https://secwatch.observer/filing/0001606757-24-000054.md","text":"https://secwatch.observer/filing/0001606757-24-000054.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1606757/000160675724000054/0001606757-24-000054-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1606757/000160675724000054/ke-20241104.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T06:06:23.929913+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}