Source-grounded facts extracted from Kimball Electronics, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
Kimball Electronics, Inc. reported third quarter ended March 31, 2026 results: revenue $352.9 million. Guidance reaffirmed.
“strategy. We believe this could be a powerful combination for the future of our Company.” Richard D. Phillips Chief Executive Officer Third Quarter 2026 Highlights • Revenue of $352.9 million, a sequential increase of 3.4% compared to Q2 • Sales in the medical vertical increased 10.2% versus the prior quarter • Operating income of $11.8 million, or 3.3% of net sales,”
Douglas A. Hass was appointed as Chief Legal and Administrative Officer and Secretary at Kimball Electronics, Inc..
“Douglas A. Hass, age 49, has been appointed to the role of Chief Legal and Administrative Officer and Secretary.”
Kimball Electronics, Inc. announced a restructuring with charges of $8 million to $11 million affecting Tampa facility ($6 million to $7 million in employee termination benefits).
“on existing customer programs will be transferred out of Tampa, with the majority of the work going to our plants in Mexico and Jasper. We are expected to incur approximately $8 million to $11 million in total exit costs, including most significantly $6 million to $7 million in employee termination benefits and $2 million to $3 million in logistical costs to”
Christopher J. Thyen departed as Vice President, New Platforms at Kimball Electronics, Inc..
“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.”
Kimball Electronics, Inc. reported the third quarter ended March 31, 2024 results: revenue $425.0 million, net income a net loss of $6.1 million, EPS $0.24 per share. Guidance reaffirmed.
“Kimball Electronics, Inc. (Nasdaq: KE) today announced financial results for the third quarter of fiscal 2024 with net sales totaling $425.0 million and a net loss of $6.1 million, or $0.24 per share.”
Kimball Electronics, Inc. reported second quarter of fiscal 2024 results: revenue $421,235, net income $8,290, EPS $0.33.
“results for the second quarter of fiscal 2024. Three Months Ended Six Months Ended December 31, December 31, (Amounts in Thousands, except EPS) 2023 2022 2023 2022 Net Sales $ 421,235 $ 436,696 $ 859,316 $ 842,585 Operating Income $ 16,610 $ 17,489 $ 36,100 $ 31,060 Adjusted Operating Income (non-GAAP) (1) $ 17,094 $ 17,829 $ 36,407 $ 31,165 Operating Income %”
Kimball Electronics, Inc. amended revolving credit of $100 million maturing January 3, 2025.
“the first amendment (1) increases the borrowing limit to $100 million from $50 million and (2) changes the maturity date from February 2, 2024 to January 3, 2025.”
Kimball Electronics, Inc. amended first amendment with the lenders party thereto, JPMorgan Chase Bank, N. A. as Administrative Agent, and Bank of America, N.A. as Documentation Agent (effective 2024-01-05).
“On January 5, 2024, Kimball Electronics, Inc. (the “Company”) amended (the “first amendment”) its 364-day multi-currency revolving credit facility agreement (the “secondary credit facility”) dated as of February 3, 2023 among the Company, the lenders party thereto, JPMorgan Chase Bank, N. A. as Administrative Agent, and Bank of America, N.A. as Documentation Agent”
Kimball Electronics, Inc. shareholders approved Non-binding advisory approval of compensation paid to Named Executive Officers at the 2023-11-17 meeting.
“The Share Owners approved, on a non-binding, advisory basis, the compensation paid to the Company’s Named Executive Officers as follows: Votes For Votes Against Votes Abstaining Broker Non-Votes Percentage of Votes Cast in Favor 18,276,855 443,100 245,467 2,938,221 98 %”
Kimball Electronics, Inc. shareholders approved Ratification of selection of Deloitte & Touche, LLP as independent registered public accounting firm for fiscal year 2024 at the 2023-11-17 meeting.
“The Share Owners voted to ratify the selection of Deloitte & Touche, LLP as the Company’s independent registered public accounting firm for fiscal year 2024 as follows: Votes For Votes Against Votes Abstaining Percentage of Votes Cast in Favor 21,164,718 699,223 39,702 96.8 %”
Kimball Electronics, Inc. shareholders approved Approval of the Company’s 2023 Equity Incentive Plan at the 2023-11-17 meeting.
“The Share Owners voted to approve the Company’s 2023 Equity Incentive Plan as follows: Votes For Votes Against Votes Abstaining Broker Non-Votes Percentage of Votes Cast in Favor 9,980,685 8,926,622 58,115 2,938,221 53 %”
Kimball Electronics, Inc. shareholders approved Election of Class III nominees for director at the 2023-11-17 meeting.
“The Share Owners voted to elect or reelect each of the Class III nominees for director as follows: Class III Nominees for Directors to serve a three-year term Votes For Votes Withheld Broker Non-Votes Percentage of Votes Cast in Favor Robert J. Phillippy 18,194,482 770,940 2,938,221 96 % Richard D. Phillips 18,555,275 410,147 2,938,221 98 % Gregory A. Thaxton 18,525,877 439,545 2,938,221 98 %”
Kimball Electronics, Inc. reported first quarter of fiscal 2024 results: revenue $438.1 million, net income $10.8 million, EPS $0.43 per diluted share. Guidance lowered.
“INC. EXHIBIT 99.1 Document Exhibit 99.1 KIMBALL ELECTRONICS REPORTS Q1 RESULTS WITH STRONG START TO THE FISCAL YEAR; COMPANY UPDATES GUIDANCE FOR FISCAL 2024 • Net sales totaled $438.1 million, an 8% increase compared to the first quarter of fiscal 2023; foreign currency had a 1% favorable impact on net sales year-over-year. • Operating income of $19.5 million, or 4.4%”
Kimball Electronics, Inc. updated its Fiscal 2024 guidance (initiated).
“• Company provides guidance for fiscal 2024 with expected top-line growth of 4%-7% and operating income in the range of 4.7%-5.2% of net sales.”
Kimball Electronics, Inc. reported Fourth quarter ended June 30, 2023 results: revenue $496.1 million, net income $19.2 million, EPS $0.76.
“Fourth Quarter Fiscal 2023 Highlights • Net sales totaled $496.1 million, a 33% increase compared to Q4 fiscal 2022, and completing a fiscal year with top-line growth of 35%. • Operating income of $31.4 million, or 6.3% of net sales, a record high for the Company. For fiscal year 2023, operating income was 4.8% of net sales. • Net income of $19.2 million, or $0.76 per diluted share. In fiscal year 2023, the Company earned $2.22 per diluted share, a 79% increase compared to the prior year.”
Kathy R. Thomson was appointed as Chief Commercial Officer at Kimball Electronics, Inc..
“Kathy R. Thomson, age 54, has been appointed to the role of Chief Commercial Officer.”
Steven T. Korn was appointed as Chief Operating Officer at Kimball Electronics, Inc..
“Steven T. Korn, age 59, has been appointed to the role of Chief Operating Officer.”
Kimball Electronics, Inc. updated its fiscal year 2023 guidance (reaffirmed).
“COMPANY UPDATES OUTLOOK FOR FISCAL YEAR 2023 WITH SALES EXPECTED AT THE HIGH-END AND ADJUSTED OPERATING MARGIN IN THE MID-TO-LOW END OF ITS GUIDANCE RANGE”
Kimball Electronics, Inc. reported the third quarter ended March 31, 2023 results: revenue $484.7 million, net income $16.4 million, EPS $0.65 per diluted share. Guidance reaffirmed.
“YEAR 2023 WITH SALES EXPECTED AT THE HIGH-END AND ADJUSTED OPERATING MARGIN IN THE MID-TO-LOW END OF ITS GUIDANCE RANGE • Net sales in the third quarter of fiscal 2023 totaled $484.7 million, an all-time quarterly high and up 32% year-over-year; foreign currency had a 2% unfavorable impact on net sales compared to the third quarter of fiscal 2022 • Operating income”
Kimball Electronics, Inc. reported the second quarter ended December 31, 2022 results: revenue $436.7 million, net income $10.7 million, EPS $0.43 per diluted share. Guidance raised.
“Net sales in the second quarter of fiscal 2023 totaled $436.7 million, an all-time quarterly high and up 39% year-over-year; foreign currency had a 5% unfavorable impact on net sales compared to the second quarter of fiscal 2022 • Operating income of $17.5 million, or 4.0% of net sales, compared to operating income of $6.9 million, or 2.2% of net sales in the same period last year • Net income of $10.7 million, or $0.43 per diluted share, compared to net income of $5.1 million, or $0.20 per diluted share, in the second quarter of fiscal 2022”
Richard D. Phillips was appointed as Chief Executive Officer and Director at Kimball Electronics, Inc..
“Kimball Electronics has appointed Richard D. Phillips, 52, to the role of Chief Executive Officer and Director, effective March 1, 2023.”
Donald D. Charron departed as Chairman and Chief Executive Officer at Kimball Electronics, Inc..
“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, Inc.: Amended by-laws to update advance notice provisions for universal proxy rules, remove references to former Compensation and Governance Committee, and update committee appointment provisions (effective 2022-11-11).
“On November 11, 2022, the Board of Directors (the “Board”) of Kimball Electronics, Inc. (the “Company”) approved a resolution, effective immediately, to amend the Amended and Restated By-Laws of the Company (as amended, the “Amended By-Laws”) to (a) add language to amend our advance notice provisions to address the adoption by the Securities and Exchange Commission of universal proxy rules; (b) remove references to the Board’s now-former Compensation and Governance Committee; and (c) update the Article referring to the Board’s authority to appoint committees:”
Kimball Electronics, Inc. shareholders approved Advisory vote on the compensation paid to the Company’s Named Executive Officers at the 2022-11-11 meeting.
“The Share Owners approved, on a non-binding, advisory basis, the compensation paid to the Company’s Named Executive Officers as follows: Votes For Votes Against Votes Abstaining Broker Non-Votes Percentage of Votes Cast in Favor 18,741,052 185,528 322,431 2,137,408 99 %”
Kimball Electronics, Inc. shareholders approved Ratification of the selection of Deloitte & Touche, LLP as the independent registered public accounting firm for fiscal year 2023 at the 2022-11-11 meeting.
“The Share Owners voted to ratify the selection of Deloitte & Touche, LLP as the Company’s independent registered public accounting firm for fiscal year 2023 as follows: Votes For Votes Against Votes Abstaining Percentage of Votes Cast in Favor 20,685,017 686,364 15,038 96.8 %”
Kimball Electronics, Inc. shareholders approved Election of Class II Directors to serve a three-year term at the 2022-11-11 meeting.
“The Share Owners voted to reelect each of the Class II nominees for director as follows: Class II Nominees for Directors to serve a three-year term Votes For Votes Withheld Broker Non-Votes Percentage of Votes Cast in Favor Michele A. M. Holcomb 19,018,805 230,206 2,137,408 99 % Holly A. Van Deursen 18,730,903 518,108 2,137,408 97 % Tom G. Vadaketh 19,039,377 209,634 2,137,408 99 %”
Kimball Electronics, Inc. reported the first quarter ended September 30, 2022 results: revenue $405.9 million, net income $9.5 million, EPS $0.38 per diluted share. Guidance reaffirmed.
“Net sales in the first quarter of fiscal 2023 totaled $405.9 million, an all-time quarterly high and up 39% year-over-year; foreign currency had a 5% unfavorable impact on net sales compared to the first quarter of fiscal 2022 • Operating income of $13.6 million, or 3.3% of net sales, compared to operating income of $4.8 million, or 1.6% of net sales in the same period last year • Net income of $9.5 million, or $0.38 per diluted share, compared to net income of $2.6 million, or $0.10 per diluted share, in the first quarter of fiscal 2022”
Tom G. Vadaketh was appointed as Director at Kimball Electronics, Inc..
“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.”
Douglas A. Hass was appointed as Chief Legal and Compliance Officer and Secretary at Kimball Electronics, Inc..
“Upon Mr. Kahle’s retirement, Kimball Electronics will appoint Douglas A. Hass, 45, as its Chief Legal and Compliance Officer and Secretary.”
John H. Kahle departed as Vice President, General Counsel, Chief Compliance Officer, and Secretary at Kimball Electronics, Inc..
“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.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.