Douglas A. Hass
Douglas A. Hass, age 49, has been appointed to the role of Chief Legal and Administrative Officer and Secretary.
Highest-materiality recent filing
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.
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.
Max materiality 0.85 · Median 0.68 · Most common event earnings