Welcome to our dedicated page for Kimball Electronics news (Ticker: KE), a resource for investors and traders seeking the latest updates and insights on Kimball Electronics stock.
Kimball Electronics Inc (KE) provides essential electronics manufacturing services for mission-critical industries worldwide. This dedicated news hub offers investors and professionals timely access to official announcements, financial updates, and strategic developments shaping the company’s trajectory in the EMS sector.
Find comprehensive coverage of quarterly earnings reports, manufacturing innovations, supply chain initiatives, and leadership updates. Our curated collection includes press releases on automotive electronics advancements, medical device production milestones, and industrial technology partnerships that underscore KE’s market position.
Key updates include new facility openings, sustainability initiatives, and quality certifications that demonstrate operational excellence. Track the company’s responses to industry trends like electric vehicle component demand and smart manufacturing technologies through verified primary sources.
Bookmark this page for streamlined access to Kimball Electronics’ latest developments. Check regularly for updates that impact investment decisions and industry analysis in the contract manufacturing space.
Kimball Electronics, Inc. (Nasdaq: KE) reported Q3 results with $425.0 million in net sales and a net loss of $6.1 million, including impairment costs related to the Automation, Test & Measurement business. The company expects to divest this segment. Adjusted net income was $8.4 million, and adjusted operating income was $17.0 million. The company is focusing on EMS operations, aligning costs with demand trends, and reducing capital expenditures. Share repurchases have resumed. Guidance for fiscal 2024 includes a 4-6% decline in net sales and adjusted operating income of 4.2-4.6% of net sales.
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