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 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.
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 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 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 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.
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.
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.
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.
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 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.
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.
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