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Kimball Electronics Inc - KE STOCK NEWS

Welcome to our dedicated news page for Kimball Electronics (Ticker: KE), a resource for investors and traders seeking the latest updates and insights on Kimball Electronics.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Kimball Electronics's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Kimball Electronics's position in the market.

Rhea-AI Summary
Kimball Electronics, Inc. (KE) releases its 2023 Guiding Principles Report, focusing on sustainability achievements and recognition. The report highlights revenue from 'low carbon' products, greenhouse gas emission reductions, safety improvements, and employee resource group initiatives. The Company emphasizes its commitment to sustainable practices and accountability, aligning with global frameworks and standards.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.09%
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Rhea-AI Summary
Kimball Electronics, Inc. (Nasdaq: KE) reported a 4% decrease in net sales, amounting to $421.2 million for the second quarter of fiscal 2024. Operating income was $16.6 million, with a net income of $8.3 million. The company expects challenging industry-wide pressures for the remainder of fiscal 2024 and updated its guidance for net sales and operating income. The guidance for fiscal year 2024 includes a 2% to 4% decline in net sales compared to fiscal year 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-14.09%
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Rhea-AI Summary
Kimball Electronics, Inc. (KE) will report second quarter fiscal year 2024 financial results on February 5, 2024, followed by a conference call and live webcast on February 6, 2024. The company's conference call details and webcast link are provided for investors and analysts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.57%
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Rhea-AI Summary
Kimball Electronics, Inc. (Nasdaq: KE) reported net sales of $438.1 million, an 8% increase compared to the first quarter of fiscal 2023. Operating income was $19.5 million, or 4.4% of net sales, an improvement from $13.6 million, or 3.3% of net sales, in the same period last year. Net income was $10.8 million, or $0.43 per diluted share, compared to $9.5 million, or $0.38 per diluted share, in the first quarter of fiscal 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-13.03%
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Rhea-AI Summary
Kimball Electronics to report Q1 fiscal year 2024 financial results on November 6, 2023
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End-of-Day
-1.97%
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Rhea-AI Summary
Kimball Electronics honored for achieving highest customer ratings in four categories at CIRCUITS ASSEMBLY's Service Excellence Awards
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Rhea-AI Sentiment
End-of-Day
-2.04%
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Rhea-AI Summary
Kimball Electronics Jasper named one of the Indiana Best Places to Work in Manufacturing
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End-of-Day
0.36%
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Rhea-AI Summary
Kimball Electronics, Inc. will hold its Annual Meeting of Share Owners on November 17, 2023, with both in-person and virtual participation options. Share Owners can vote electronically, online, by mail, or by phone before the meeting. Proxy statement with meeting details will be filed on September 28, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.95%
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Rhea-AI Summary
Kimball Electronics, Inc. (Nasdaq: KE) reported strong financial results for Q4 fiscal 2023 and the full fiscal year. Net sales increased by 33% in Q4 compared to the previous year, and the company achieved a record high operating income of $31.4 million. For fiscal year 2023, net income increased by 79% compared to the prior year. The company provided guidance for fiscal 2024, expecting top-line growth of 4%-7% and operating income in the range of 4.7%-5.2% of net sales.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.1%
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Rhea-AI Summary
Kimball Electronics (KE) Mourns Loss of Longtime CEO Don Charron and Celebrates His Legacy: The press release announces the passing of Don Charron, the Chairman and CEO of Kimball Electronics, and celebrates his contributions to the company over 24 years. It highlights his leadership and strategic positioning of the company, including geographic expansions and portfolio diversification. The release also emphasizes his impact on operational excellence and customer service, as well as his legacy as a mentor and approachable leader.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.51%
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Kimball Electronics Inc

Nasdaq:KE

KE Rankings

KE Stock Data

515.04M
23.92M
2.38%
78.32%
2.35%
Bare Printed Circuit Board Manufacturing
Manufacturing
Link
US
Jasper

About KE

who we are kimball electronics is a leading contract manufacturer of durable goods electronics serving a variety of industries on a global scale. kimball electronics continues to make the customer the focus of everything we do. our touch is felt throughout daily life via the markets we serve: automotive, industrial, medical and public safety. recognized with a reputation for excellence, kimball electronics is committed to a high-performance culture that values personal and organizational commitment to quality, reliability, value, speed, and ethical behavior. our employees know they are part of a corporate culture that builds success for customers while enabling employees to share in the company’s success through personal, professional, and financial growth. what we do kimball electronics is a preeminent electronics manufacturing services (ems) provider serving customers around the world. our contract electronics manufacturing services teams provide manufacturing, engineering and supply