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
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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
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We are sharpening our strategic focus, read how in our FY24 Annual Report #kimballelectronics #lastingrelationships #globalsuccess
Kimball Electronics 2024 Annual Report is Here: https://lnkd.in/gN-QgVh2 We are thrilled to share our 2024 Annual Report, Strategically Focused, highlighting a year of innovation, hard work and commitment to excellence. From groundbreaking projects to sustainable practices, our journey this year has been nothing short of remarkable. Key Highlights: • Net sales of $1.715 billion, the second highest result in our Company’s history • Adjusted operating income at 4.3% of net sales • Inventory levels reduced 25% year-over-year • Cash flow from operating activities in excess of $73 million Thank you to our dedicated employees, customers, supply partners, and share owners for making this year a success. Together, we are shaping the future of electronics manufacturing services.
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We are sharpening our strategic focus, read how in our FY24 Annual Report #kimballelectronics #lastingrelationships #globalsuccess
Kimball Electronics 2024 Annual Report is Here: https://lnkd.in/gN-QgVh2 We are thrilled to share our 2024 Annual Report, Strategically Focused, highlighting a year of innovation, hard work and commitment to excellence. From groundbreaking projects to sustainable practices, our journey this year has been nothing short of remarkable. Key Highlights: • Net sales of $1.715 billion, the second highest result in our Company’s history • Adjusted operating income at 4.3% of net sales • Inventory levels reduced 25% year-over-year • Cash flow from operating activities in excess of $73 million Thank you to our dedicated employees, customers, supply partners, and share owners for making this year a success. Together, we are shaping the future of electronics manufacturing services.
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We are sharpening our strategic focus, read how in our FY24 Annual Report #kimballelectronics #lastingrelationships #globalsuccess
Kimball Electronics 2024 Annual Report is Here: https://lnkd.in/gN-QgVh2 We are thrilled to share our 2024 Annual Report, Strategically Focused, highlighting a year of innovation, hard work and commitment to excellence. From groundbreaking projects to sustainable practices, our journey this year has been nothing short of remarkable. Key Highlights: • Net sales of $1.715 billion, the second highest result in our Company’s history • Adjusted operating income at 4.3% of net sales • Inventory levels reduced 25% year-over-year • Cash flow from operating activities in excess of $73 million Thank you to our dedicated employees, customers, supply partners, and share owners for making this year a success. Together, we are shaping the future of electronics manufacturing services.
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We are sharpening our strategic focus, read how in our FY24 Annual Report #kimballelectronics #lastingrelationships #globalsuccess
Kimball Electronics 2024 Annual Report is Here: https://lnkd.in/gN-QgVh2 We are thrilled to share our 2024 Annual Report, Strategically Focused, highlighting a year of innovation, hard work and commitment to excellence. From groundbreaking projects to sustainable practices, our journey this year has been nothing short of remarkable. Key Highlights: • Net sales of $1.715 billion, the second highest result in our Company’s history • Adjusted operating income at 4.3% of net sales • Inventory levels reduced 25% year-over-year • Cash flow from operating activities in excess of $73 million Thank you to our dedicated employees, customers, supply partners, and share owners for making this year a success. Together, we are shaping the future of electronics manufacturing services.
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Vice President of New Business Development @ Kimball Electronics | OEM Sales, Business Development, Technical Sales Leadership and Strategy
We are sharpening our strategic focus, read how in our FY24 Annual Report #kimballelectronics #lastingrelationships #globalsuccess
Kimball Electronics 2024 Annual Report is Here: https://lnkd.in/gN-QgVh2 We are thrilled to share our 2024 Annual Report, Strategically Focused, highlighting a year of innovation, hard work and commitment to excellence. From groundbreaking projects to sustainable practices, our journey this year has been nothing short of remarkable. Key Highlights: • Net sales of $1.715 billion, the second highest result in our Company’s history • Adjusted operating income at 4.3% of net sales • Inventory levels reduced 25% year-over-year • Cash flow from operating activities in excess of $73 million Thank you to our dedicated employees, customers, supply partners, and share owners for making this year a success. Together, we are shaping the future of electronics manufacturing services.
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We are sharpening our strategic focus, read how in our FY24 Annual Report #kimballelectronics #lastingrelationships #globalsuccess
Kimball Electronics 2024 Annual Report is Here: https://lnkd.in/gN-QgVh2 We are thrilled to share our 2024 Annual Report, Strategically Focused, highlighting a year of innovation, hard work and commitment to excellence. From groundbreaking projects to sustainable practices, our journey this year has been nothing short of remarkable. Key Highlights: • Net sales of $1.715 billion, the second highest result in our Company’s history • Adjusted operating income at 4.3% of net sales • Inventory levels reduced 25% year-over-year • Cash flow from operating activities in excess of $73 million Thank you to our dedicated employees, customers, supply partners, and share owners for making this year a success. Together, we are shaping the future of electronics manufacturing services.
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We are sharpening our strategic focus, read how in our FY24 Annual Report #kimballelectronics #lastingrelationships #globalsuccess
Kimball Electronics 2024 Annual Report is Here: https://lnkd.in/gN-QgVh2 We are thrilled to share our 2024 Annual Report, Strategically Focused, highlighting a year of innovation, hard work and commitment to excellence. From groundbreaking projects to sustainable practices, our journey this year has been nothing short of remarkable. Key Highlights: • Net sales of $1.715 billion, the second highest result in our Company’s history • Adjusted operating income at 4.3% of net sales • Inventory levels reduced 25% year-over-year • Cash flow from operating activities in excess of $73 million Thank you to our dedicated employees, customers, supply partners, and share owners for making this year a success. Together, we are shaping the future of electronics manufacturing services.
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We are sharpening our strategic focus, read how in our FY24 Annual Report #kimballelectronics #lastingrelationships #globalsuccess
Kimball Electronics 2024 Annual Report is Here: https://lnkd.in/gN-QgVh2 We are thrilled to share our 2024 Annual Report, Strategically Focused, highlighting a year of innovation, hard work and commitment to excellence. From groundbreaking projects to sustainable practices, our journey this year has been nothing short of remarkable. Key Highlights: • Net sales of $1.715 billion, the second highest result in our Company’s history • Adjusted operating income at 4.3% of net sales • Inventory levels reduced 25% year-over-year • Cash flow from operating activities in excess of $73 million Thank you to our dedicated employees, customers, supply partners, and share owners for making this year a success. Together, we are shaping the future of electronics manufacturing services.
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We are sharpening our strategic focus, read how in our FY24 Annual Report #kimballelectronics #lastingrelationships #globalsuccess
Kimball Electronics 2024 Annual Report is Here: https://lnkd.in/gN-QgVh2 We are thrilled to share our 2024 Annual Report, Strategically Focused, highlighting a year of innovation, hard work and commitment to excellence. From groundbreaking projects to sustainable practices, our journey this year has been nothing short of remarkable. Key Highlights: • Net sales of $1.715 billion, the second highest result in our Company’s history • Adjusted operating income at 4.3% of net sales • Inventory levels reduced 25% year-over-year • Cash flow from operating activities in excess of $73 million Thank you to our dedicated employees, customers, supply partners, and share owners for making this year a success. Together, we are shaping the future of electronics manufacturing services.
