Highest-materiality recent filing
Kimball Electronics Q4 sales $371.6M; FY27 guidance 7-9% growth with Helvoet accretive
Q4 net sales $371.6M (+5% seq); operating income $29.1M (7.8% of sales); adjusted op margin 4.9%.
Kimball Electronics acquires Helvoet for €90M (~$103M); establishes global medical CDMO platform
Purchase price €90M (~$103M); funded with cash and existing credit lines; closed July 1, 2026.
Kimball Electronics Q3 revenue $352.9M, medical sales up 10.2% sequentially, affirms FY2026 guidance
Revenue $352.9M, up 3.4% sequentially; medical vertical sales grew 10.2% vs Q2.
Kimball Electronics releases 2025 sustainability report; Scope 1&2 emissions down 9.3% YoY
Scope 1 and 2 emissions declined 9.3% YoY; company targets 42% absolute reduction by 2030, net zero by 2050.
Kimball Electronics Q2 revenue $341.3M (-5% YoY); medical vertical up 15%; raises FY2026 guidance
Revenue $341.3M (-5% YoY); operating income $10.8M (3.2% sales); adjusted operating margin 4.5% (+80 bps YoY).
Ribbon-cutting for new medical manufacturing facility in Indianapolis on Feb 6, 2026; facility at 1220 Post Road.
Kimball Electronics shareholders reelect all director nominees, ratify auditor and say-on-pay
Class II directors reelected: Holcomb (96%), Vadaketh (99%), Van Deursen (98%).
Revenue $365.6M; medical vertical up 13% YoY, automotive down 10%, industrial ex AT&M down 1%.
Kimball Electronics Q4 sales $380.5M; FY2026 guidance projects 2-9% sales decline
Q4 net sales $380.5M (+2% seq), op income $16.5M (4.3% of sales), adj op income $19.6M (5.2%).
Kimball Electronics Reports Q3 Results and Reiterates Fiscal 2025 Guidance
Q3 net sales $374.6M, operating income $11.7M (3.1% of sales)
Kimball Electronics releases 2024 sustainability report with ESG targets
42% absolute reduction in Scope 1 & 2 GHG emissions since 2019; 2030 science-based targets set.
Kimball Electronics promotes Douglas Hass to Chief Legal and Administrative Officer
Douglas A. Hass appointed Chief Legal and Administrative Officer and Secretary effective March 24, 2025.
Kimball Electronics Q2 net sales $357.4M; cuts FY2025 outlook, plans restructuring
Q2 net sales $357.4M; operating income $8.2M (2.3% of sales); adjusted operating income 3.7% of sales.
Kimball Electronics enters $100M term loan facility, amends credit agreement
Entered $100M term loan facility under amended credit agreement; term loan matures Dec 20, 2029, with quarterly repayments starting Mar 31, 2025.
Kimball Electronics boosts stock repurchase authorization by $20M to $120M
Board authorized $20M increase to stock repurchase plan; total authorization now $120M with no expiration.
Net sales $374.3M, down 14.6% YoY from $438.1M; operating income $9.1M (2.4% of sales) vs $19.5M (4.4%).
Proxy access allows holder(s) of 3%+ of stock for 3+ years to nominate up to 2 directors or 25% of board.
Kimball Electronics Q4 net sales down 13% to $430M; diluted EPS $0.30 vs $0.76
Net sales $430.2M in Q4 FY2024, down from $496.1M in Q4 FY2023.
KE divests AT&M business for $24.3M cash; VP Thyen departs with $260K transition
Closed sale of AT&M subsidiary to Averna on July 31, 2024 for ~$24.3M in cash initial consideration.
Kimball Electronics posts Q3 net loss of $6.1M; plans AT&M divestiture
Net loss of $6.1M ($0.24 diluted EPS); adjusted EPS $0.34 with 4.0% adjusted operating margin.
Kimball Electronics reports 36% GHG cut, $324M low-carbon revenue in 2023 sustainability report
Rated #1 among electronics manufacturers for ESG risk by Morningstar Sustainalytics; ISS ESG 'Prime' rating (top 10% in industry).
Kimball Electronics Q2 net sales down 4% YoY to $421.2M; EPS $0.33 vs $0.43; updates FY2024 outlook
Net sales $421.2M, down 4% YoY; foreign currency had 1% favorable impact.
Borrowing limit increased from $50M to $100M under the 364-day multicurrency revolver.
Kimball Electronics shareholders approve 2023 Equity Incentive Plan (2M shares); re-elect directors
Shareholders approved 2023 Equity Plan authorizing up to 2M new shares, with 53% of votes cast in favor; plan expires Nov 2033.
Kimball Electronics Q1 net sales +8% to $438.1M; reduces FY2024 guidance to flat sales
Net sales $438.1M (+8% YoY); operating income $19.5M (4.4% of sales) vs $13.6M last year.
Kimball Electronics Q4 record sales $496M (+33% YoY); guides FY2024 growth 4%-7%
Q4 net sales $496.1M (+33% YoY), operating income $31.4M (6.3% margin), diluted EPS $0.76.
Kimball Electronics promotes three execs: new COO, CCO, CAO effective July 1, 2023
Steven Korn appointed COO; previously President, Global EMS Operations.
Kimball Electronics presents at investor conferences starting May 25, 2023
Company will present an overview at investor conferences beginning May 25, 2023.
Record Q3 revenue $484.7M (+32% YoY), EPS $0.65; FY23 outlook sales high-end, margin mid-to-low
Net sales record $484.7M, +32% YoY; foreign currency had 2% unfavorable impact.
36% reduction in greenhouse gas emissions since 2014.
Kimball Electronics Q2 sales record $436.7M (+39% YoY); EPS $0.43 vs $0.20; raises FY23 outlook
Net sales $436.7M, all-time quarterly high, up 39% YoY; foreign currency had 5% unfavorable impact.
Kimball Electronics CEO Don Charron to retire Feb 28, 2023; Ric Phillips named CEO
Don Charron, Chairman and CEO since 2014 spin-off, to retire Feb 28, 2023; departure not due to any disagreement.
Bylaws amended to adopt SEC universal proxy rules for director nominations.
Kimball Electronics reports record Q1 sales $405.9M (+39% YoY); affirms FY2023 high-end guidance
Net sales $405.9M, an all-time quarterly high, up 39% YoY; foreign currency headwind of 5%.
Kimball Electronics expands board, appoints Tom Vadaketh as independent director
Appointed Tom Vadaketh, CFO of Bausch Health, to Board of Directors effective Sept 13, 2022.
Kimball Electronics Q4 record sales $373.5M, net income $9.9M ($0.40 EPS); guides to record FY2023
Q4 net sales $373.5M (record, +13% YoY); operating income $20.6M (5.5% of sales).
Kimball Electronics Q3 record sales $368.1M, EPS $0.54 vs $0.41, +30% YoY
Q3 net sales $368.1M, all-time quarterly record, up 19% YoY.
Kimball Electronics Q2 FY2022 net income falls 66% to $5.1M ($0.20 EPS); revenue $315.3M
Net sales $315.3M, down ~1.7% from $320.6M in Q2 FY2021.
Report covers global human rights, supply chain transparency, occupational health and safety, diversity and inclusion, and environmental stewardship.
First Amendment to Credit Agreement transitions interest rate from LIBOR to SOFR effective December 31, 2021.
Kimball Electronics GC John Kahle retiring Dec 31, 2021; Doug Hass to succeed
John H. Kahle to retire as VP, General Counsel, Chief Compliance Officer, and Secretary effective Dec 31, 2021; not due to any disagreement.
Kimball Electronics Q1 net sales $292.7M, EPS $0.10, reiterates FY2022 guidance
Net sales $292.7M, down 12% YoY from $331.7M; net income $2.6M ($0.10 diluted EPS) vs $16.8M ($0.66).
Kimball Electronics reaffirms FY2022 guidance, warns supply chain disruptions shift backlog to H2
Reaffirms fiscal 2022 guidance originally provided on August 4, 2021 earnings release.
Kimball Electronics Q4 net sales up 15% to $329M; adjusted EPS $0.58 vs $0.34 YoY
Q4 net sales $329M (+15% YoY); adjusted op margin 5.5%, up 170 bps.
Kimball Electronics adopts new performance share formula and executive severance plan
Performance shares for FY2022 now calculated using profitability attainment (actual operating income vs plan) replacing prior bonus percentage component.
Douglas A. Hass, age 49, has been appointed to the role of Chief Legal and Administrative Officer and Secretary.
Effective as of the July 31, 2024 closing of the Agreement and the Company’s divestiture of the AT&M business, Christopher J. Thyen, Vice President, New Platforms, became affiliated with Averna and is no longer employed by Kimball Electronics.
Kathy R. Thomson, age 54, has been appointed to the role of Chief Commercial Officer.
Steven T. Korn, age 59, has been appointed to the role of Chief Operating Officer.
On January 4, 2023, Donald D. Charron, Chairman and Chief Executive Officer of Kimball Electronics, Inc. (“Kimball Electronics,” the “Company,” “we,” or “us”) informed Kimball Electronics of his intention to retire effective February 28, 2023.
Kimball Electronics has appointed Richard D. Phillips, 52, to the role of Chief Executive Officer and Director, effective March 1, 2023.
On September 15, 2022, Kimball Electronics, Inc. (the “Company”) announced the expansion of its Board of Directors (the “Board”) and the appointment of a new independent director, Tom G. Vadaketh, effective September 13, 2022, the date of the Board’s appointment.
Upon Mr. Kahle’s retirement, Kimball Electronics will appoint Douglas A. Hass, 45, as its Chief Legal and Compliance Officer and Secretary.
On November 9, 2021, John H. Kahle, Kimball Electronics’ Vice President, General Counsel, Chief Compliance Officer, and Secretary, notified us of his decision to retire effective December 31, 2021.
Max materiality 0.85 · Median 0.65 · Most common event earnings