Business
Kimball Electronics Reports Q4 Results; Company Provides Guidance for Fiscal 2025
Fourth Quarter Fiscal 2024 Highlights Net sales totaled $430.2 million Operating income of $19.6 million, or 4.6% of net sales Adjusted operating income of
About this update from Kimball Electronics, Inc.
[{"type":"text","content":"\nFourth Quarter Fiscal 2024 Highlights\n\n\n\nNet sales totaled $430.2 million\n\n\n\nOperating income of $19.6 million, or 4.6% of net sales\n\n\n\nAdjusted operating income of $20.9 million, or 4.9% of net sales\n\n\n\nCash flow generated from operating activities of $48.5 million, driven by inventory reductions\n\n\n\n JASPER, Ind.--(BUSINESS WIRE)--\nKimball Electronics, Inc. (Nasdaq: KE) today announced financial results for the fourth quarter and fiscal year ended June 30, 2024.\n\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240813648435/en/\n\n\n \n\n\n\n\n\n\nThree Months Ended\n\n\n\n\n\n\n \n\n\n\n\n\n\nFiscal Year Ended\n\n\n\n\n\n\n\n\n \n\n\n\n\n\n\nJune 30,\n\n\n\n\n\n\n \n\n\n\n\n\n\nJune 30,\n\n\n\n\n\n\n\n\n(Amounts in Thousands, except EPS)\n\n\n\n\n\n\n \n\n\n\n\n\n\n2024\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n2023\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n2024\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n2023\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\nNet Sales\n\n\n\n\n\n\n$\n\n\n\n\n\n\n430,158\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n496,141\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n1,714,510\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n1,823,429\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\nOperating Income (1)\n\n\n\n\n\n\n$\n\n\n\n\n\n\n19,608\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n31,449\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n49,277\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n87,729\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\nAdjusted Operating Income (non-GAAP) (2)\n\n\n\n\n\n\n$\n\n\n\n\n\n\n20,944\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n31,480\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n74,311\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n88,218\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\nOperating Income %\n\n\n\n\n\n\n \n\n\n\n\n\n\n4.6\n\n\n\n\n\n\n%\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n6.3\n\n\n\n\n\n\n%\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n2.9\n\n\n\n\n\n\n%\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n4.8\n\n\n\n\n\n\n%\n\n\n\n\n\n\n\n\nAdjusted Operating Income (non-GAAP) %\n\n\n\n\n\n\n \n\n\n\n\n\n\n4.9\n\n\n\n\n\n\n%\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n6.3\n\n\n\n\n\n\n...