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Kimball Electronics, Inc. - KE STOCK NEWS

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) is a distinguished contract manufacturer specializing in durable goods electronics, serving a wide range of industries globally. The company's footprint is extensive, with its electronic solutions permeating into daily life through sectors such as automotive, industrial, medical, and public safety. Kimball Electronics is renowned for its unwavering commitment to high performance, quality, reliability, and ethical practices, which underpins its corporate culture and customer relationships.

Core Business

Kimball Electronics excels in providing comprehensive electronics manufacturing services (EMS). Their expertise spans manufacturing, engineering, and supply chain management, ensuring seamless delivery of high-quality electronic products. Their services cater to critical sectors, producing vital electronic assemblies, particularly for the automotive industry where safety is paramount.

Recent Achievements and Projects

Continuing to innovate, Kimball Electronics has undertaken several noteworthy projects. They have expanded their production capabilities to include more complex and safety-critical electronic assemblies, especially for automotive and medical applications. These projects are geared towards enhancing product reliability and performance, aligning with the company's commitment to quality and customer satisfaction.

Financial Condition

Kimball Electronics has demonstrated consistent financial health, primarily deriving its revenue from the United States market. Their strategic focus on high-growth sectors and long-term partnerships has fortified their financial position, allowing for sustainable growth and investment in new technologies and capabilities.

Partnerships and Collaborations

The company maintains strong partnerships across various sectors, ensuring a robust supply chain and collaborative innovation processes. These partnerships are pivotal in driving technological advancements and delivering superior value to their customers.

Conclusion

Kimball Electronics stands out as a leading provider of electronic manufacturing services, deeply integrated into essential industries. With a high-performance culture and a steadfast focus on quality and reliability, the company continues to drive forward, ensuring growth and success for its customers and employees alike.

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Kimball Electronics Jasper named one of the Indiana Best Places to Work in Manufacturing
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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.
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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.
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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.
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Kimball Electronics (Nasdaq: KE) will release its third quarter fiscal year 2023 financial results on May 4, 2023, after market close. The company will conduct a conference call on May 5, 2023, at 10:00 a.m. ET to discuss the results. Interested participants can join by calling 404-975-4839 in the U.S. or 833-470-1428 internationally, with conference ID 308984. A live webcast is available on their investor relations website. Kimball Electronics is recognized for its excellence in manufacturing electronics and offers diversified contract manufacturing services globally, operating from facilities in various countries including the U.S., China, and India.

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Kimball Electronics (Nasdaq: KE) announced its participation in the Sidoti Small-Cap 2023 Virtual Conference. Executives Richard D. Phillips and Jana T. Croom will engage in a fireside chat on March 23, 2023, at 2:30 PM ET. Investors can access a live webcast or an archived version on the Company’s website under the Investor Relations section. Kimball Electronics, headquartered in Jasper, Indiana, is a provider of electronics and diversified contract manufacturing services, operating in multiple countries including the U.S., China, India, and Japan.

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Kimball Electronics (NASDAQ: KE) released its 2022 Environmental, Social & Governance (ESG) Report, emphasizing sustainable practices and societal impacts. Key achievements include a 36% reduction in greenhouse gas emissions and a 26% reduction in air emissions since 2014. The company donated over $330,000 to various causes and adopted recognized ESG reporting standards. CEO Don Charron highlighted the connection between significant ESG issues and long-term shareholder value. The report aligns with global sustainability frameworks and aims to enhance ESG data transparency, fostering trust with stakeholders.

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FAQ

What is the current stock price of Kimball Electronics (KE)?

The current stock price of Kimball Electronics (KE) is $18.61 as of January 7, 2025.

What is the market cap of Kimball Electronics (KE)?

The market cap of Kimball Electronics (KE) is approximately 463.3M.

What industries does Kimball Electronics serve?

Kimball Electronics serves automotive, industrial, medical, and public safety industries globally.

What services does Kimball Electronics provide?

Kimball Electronics provides comprehensive electronics manufacturing, engineering, and supply chain services.

What makes Kimball Electronics stand out?

Kimball Electronics is recognized for its commitment to quality, reliability, value, speed, and ethical behavior.

Where does Kimball Electronics derive most of its revenue?

Kimball Electronics derives a majority of its revenue from the United States.

What recent projects has Kimball Electronics undertaken?

They have expanded production capabilities, focusing on safety-critical electronic assemblies for automotive and medical applications.

What is the company's commitment to its employees?

Kimball Electronics fosters a corporate culture that promotes personal, professional, and financial growth for its employees.

How does Kimball Electronics ensure product quality?

The company adheres to a high-performance culture emphasizing quality, reliability, and ethical practices.

Does Kimball Electronics have strong industry partnerships?

Yes, the company maintains robust partnerships across various sectors to drive innovation and value.

What is Kimball Electronics' approach to financial health?

Kimball Electronics focuses on high-growth sectors and long-term partnerships to ensure sustainable financial health.

What sectors does Kimball Electronics prioritize?

The company prioritizes automotive, medical, industrial, and public safety sectors, focusing on essential and safety-critical electronic products.
Kimball Electronics, Inc.

Nasdaq:KE

KE Rankings

KE Stock Data

463.26M
24.14M
2.02%
78.67%
1.28%
Electrical Equipment & Parts
Printed Circuit Boards
Link
United States of America
JASPER