Kimball Electronics reports third-quarter earnings

Published 06/05/2025, 22:44
Kimball Electronics reports third-quarter earnings

Kimball Electronics , Inc. (NASDAQ:KE), a global company headquartered in Jasper, Indiana, specializing in printed circuit boards, disclosed its earnings for the third quarter ended March 31, 2025, on Tuesday. Currently trading at $14.71, the company has seen its stock decline by approximately 31% over the past six months. According to InvestingPro data, the company maintains a "GOOD" Financial Health score, with particularly strong metrics in cash flow and relative value. The information, including the earnings release, was shared as part of the company’s Form 8-K filing with the Securities and Exchange Commission.

The document, dated May 6, 2025, is intended to provide investors with the latest financial results and is not to be considered as "filed" for regulatory purposes, nor will it be incorporated by reference into future filings under the Securities Act of 1933 or the Securities Exchange Act of 1934, unless specifically referenced in such filings. With a market capitalization of $363 million and a current ratio of 2.28, the company’s liquid assets comfortably exceed its short-term obligations.

The earnings release attached as Exhibit 99.1 in the 8-K filing is the primary source of the financial information disclosed. The company’s stock, which is listed as KE, trades on The Nasdaq Stock Market LLC. As per the filing, no other significant events that would require the simultaneous satisfaction of the registrant’s filing obligation under other specific provisions were reported.

The press release statement serves as the basis for this news article. Further details on the company’s financial performance for the quarter can be found in the full earnings release, which is publicly available as part of the company’s Form 8-K filing.

Kimball Electronics’ commitment to transparency is underscored by its adherence to SEC filing requirements, ensuring that all stakeholders have access to essential financial data in a timely and compliant manner. The company’s next steps following this earnings report will continue to unfold as the market reacts to the newly released financial figures.

In other recent news, Kimball Electronics has announced the promotion of Douglas A. Hass to the position of Chief Legal and Administrative Officer and Secretary. This change was disclosed in a company SEC filing. Hass has been with Kimball Electronics since 2020, previously serving as Chief Legal and Compliance Officer and Secretary. His promotion does not involve any new compensatory or severance arrangements, and he will continue to be part of the existing executive compensation plans. The company confirmed that there are no familial relationships between Hass and any board members or executive officers. Additionally, there are no reportable transactions involving Hass under Item 404(a) of Regulation S-K. The promotion was made without any external arrangements or understandings with other individuals. This development provides insight into the latest governance changes at Kimball Electronics.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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