Kimball Electronics

Don’t forget to join us this Wednesday, August 21st - for an informative and dynamic webinar with Kimball Electronics! Learn about the latest trends and technologies in global supply chain management to stay ahead in the ever-evolving industry.

Kimball Electronics, Inc. (Nasdaq: KE) announced financial results for the fourth quarter and fiscal year ended June 30, 2024. - Net sales totaled $430.2 million - Operating income of $19.6 million, or 4.6% of net sales - Adjusted operating income of $20.9 million, or 4.9% of net sales - Cash flow generated from operating activities of $48.5 million, driven by inventory reductions - The Company ended the fourth quarter of fiscal 2024 with cash and cash equivalents of $78.0 million and borrowings outstanding on credit facilities of $294.8 million, including $235.0 million classified as long term, and $142.1 million of borrowing capacity available - Capital expenditures were $9.1 million in the fourth quarter, and the Company invested $3 million to repurchase 136,000 shares of common stock View Full Release: https://lnkd.in/gdN4b2Yw

Chief Legal and Compliance Officer and Secretary, Doug Hass and the Kimball Electronics legal team are dedicated to advancing justice through their pro bono efforts, particularly in cases involving domestic violence and immigration. Their commitment to serving the community exemplifies the impactful role of in-house counsel in addressing critical legal needs. PBI Signatory Showcase: https://lnkd.in/gXCqDXBF

Join Kimball Electronics for an insightful and engaging webinar focused on the dynamic world of global supply chains. As industries continue to evolve and face new challenges, understanding the latest trends and technologies in supply chain management is crucial for staying ahead. Whether you're a supply chain professional, a business leader, or simply interested in the complexities of global logistics, this webinar will provide valuable knowledge and practical takeaways. Don't miss this opportunity to hear from industry experts and enhance your understanding for the global supply chain landscape. About the presenter: Jamey Mann, Vice President of Global Supply Chain joined Kimball Electronics in 2010 and has more than 30 years of Global Supply Chain, Global Procurement, and Operations Management experience in electronics manufacturing. Prior to joining Kimball Electronics, Jamey was Vice President of Operations with a small electronics manufacturing company in Huntsville, Alabama. He holds a Bachelor of Science in Accounting from Jacksonville State University in Jacksonville, Alabama.

Kimball Electronics, Inc. (Nasdaq: KE) today announced the completion of the divestiture of its Automation, Test, and Measurement (AT&M) business. The sale to Averna Technologies Inc. closed on July 31, 2024, with the proceeds from the transaction being used for support of organic growth, debt reduction, and share repurchases. Learn more: https://lnkd.in/gfD-u7sz

Kimball Electronics, Inc. (Nasdaq: KE) will report fourth quarter and fiscal year 2024 financial results on Tuesday, August 13, 2024, after the closing of the market. The company will host a conference call and live webcast to review the results on Wednesday, August 14, 2024, at 10:00 a.m. Eastern Time. Live Webcast Details: https://lnkd.in/g3MgHTJB

With over 50 years in industrial electronics manufacturing, Kimball Electronics pioneers clean energy solutions and meets the rigorous demands of control and instrument electronics assemblies. Our team prioritizes early-stage involvement, quality, and reliability, collaborating with industry leaders to deliver innovative, sustainable solutions. We maintain our leadership in the industry, shaping a greener, more efficient future. As technology evolves, our dedication to clean energy and customer support remains unwavering. Sustainable Innovation in Industrial Electronics - https://lnkd.in/guZdvBUm

From Printed Circuit Board Assembly (PCBA), to Complex System Assembly, to Full Assembly of a Finished Medical Device, our Medical Solutions team has the experience and the capabilities to manage the quality and reliability required for durable, high-power, medical electronics manufacturing and assembly. Kimball Medical Solutions is a single-source partner for medical contract manufacturing: https://lnkd.in/gBiQnaUp

From Printed Circuit Board Assembly (PCBA), to Complex Assembly, to complete Electronic Control Units (ECUs) our Automotive Solutions team has the experience and the capabilities to manufacture high quality, durable, high-power, electronic assemblies. Kimball Automotive Solutions is a single-source partner for automotive contract manufacturing - https://lnkd.in/g_BchVn8

From Printed Circuit Board Assembly (PCBA), to Complex Assembly, to an Upper Level Finished Goods Build, our Industrial Solutions team has the experience and the capabilities to handle all the challenges of durable, high-power, electronics manufacturing and assembly. Kimball Industrial Solutions is a single-source partner for durable electronics and complex contract manufacturing!  https://lnkd.in/gTpDi7eu