earnings
confidence high
sentiment negative
materiality 0.75
Kimball Electronics Q2 net sales $357.4M; cuts FY2025 outlook, plans restructuring
Kimball Electronics, Inc.
2025-Q2 EPS
reported $0.26
vs consensus $0.15
▲ beat
(+72.6%)
- Q2 net sales $357.4M; operating income $8.2M (2.3% of sales); adjusted operating income 3.7% of sales.
- Inventory reduced $29M from Q1 to $306M, down 37% from peak; borrowings down $41M to $205M.
- Automotive sales down 4%, medical down 22%, industrial down 20% YoY.
- FY2025 guidance: net sales $1.40-1.44B (prev. $1.44-1.54B); adj. operating income 3.4-3.6% (prev. 4.0-4.5%).
- Restructuring includes divestiture of AT&M non-core assets, closing Tampa plant, focusing on medical CMO.