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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.

Overview of Kimball Electronics Inc

Kimball Electronics Inc (KE) is a contract manufacturing services company specializing in durable electronics for high-impact industries. Leveraging state-of-the-art manufacturing, advanced engineering, and robust supply chain solutions, the company delivers integrated production services and quality assurance to original equipment manufacturers and contract manufacturers alike. With a strong emphasis on safety-critical applications, Kimball Electronics has built a reputation in the automotive, industrial, medical, and public safety sectors.

Core Business and Capabilities

The company’s core business is providing comprehensive electronics manufacturing services (EMS) that cover the entirety of the production cycle, from design and engineering to final assembly and testing. Its methodologies focus on a customer-centric approach, ensuring that every product meets rigorous quality and reliability standards. Key capabilities include:

  • Contract Manufacturing: Customized production techniques tailored to client specifications.
  • Engineering Services: Advanced design and development support for complex electronic assemblies.
  • Supply Chain Management: Integrated logistics and sourcing solutions to streamline production.

Market Position and Industry Context

Operating in a competitive global landscape, Kimball Electronics has established itself as a trusted partner for companies requiring durable, reliable electronic assemblies. Its services are critical to sectors where failure is not an option and quality is paramount. The company faces challenges common to the EMS industry, including maintaining lean production processes and adhering to industry regulations, but its emphasis on quality, reliability, and speed has allowed it to remain relevant and competitive.

Operational Footprint and Global Reach

Kimball Electronics has a diverse geographic presence with business units strategically placed in regions such as the United States, Mexico, and key locations across Asia and Europe. This global footprint enables the company to offer localized support and rapid response, ensuring that its customers benefit from both proximity and extensive market expertise. The company’s ability to integrate these varied operations into a cohesive global network underpins its operational efficiency and service excellence.

Quality, Innovation, and Customer Focus

Central to Kimball Electronics’ philosophy is a high-performance culture that values ethical behavior, quality, speed, and reliability. Its commitment to innovation is demonstrated through ongoing improvements in manufacturing techniques and process optimization. By emphasizing customer-centric strategies and maintaining robust quality assurance protocols, the company ensures that every project aligns with the precise requirements of its diverse client base.

Competitive Differentiators

What sets Kimball Electronics apart is its comprehensive suite of services combined with deep technical expertise in producing safety-critical electronic assemblies. The company’s ability to meet stringent quality and regulatory standards, alongside its expansive global operations, provides a reliable and sustainable resource for clients in high-stakes industries. This meticulous attention to detail, integrated service offerings, and dedication to operational excellence contribute to its trusted reputation in the market.

Conclusion

In summary, Kimball Electronics Inc is a pivotal player in the electronics manufacturing services sector. Its commitment to quality, innovative production methodologies, and customer-focused practices makes it an essential partner for industries that depend on durable, reliable electronic solutions. The company’s operational strategies and extensive service portfolio underscore its role as a key contributor in the broader context of contract manufacturing and technical manufacturing excellence.

Rhea-AI Summary
Kimball Electronics, Inc. (Nasdaq: KE) reported net sales of $438.1 million, an 8% increase compared to the first quarter of fiscal 2023. Operating income was $19.5 million, or 4.4% of net sales, an improvement from $13.6 million, or 3.3% of net sales, in the same period last year. Net income was $10.8 million, or $0.43 per diluted share, compared to $9.5 million, or $0.38 per diluted share, in the first quarter of fiscal 2023.
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Kimball Electronics to report Q1 fiscal year 2024 financial results on November 6, 2023
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Kimball Electronics honored for achieving highest customer ratings in four categories at CIRCUITS ASSEMBLY's Service Excellence Awards
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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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FAQ

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

The current stock price of Kimball Electronics (KE) is $16.23 as of April 1, 2025.

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

The market cap of Kimball Electronics (KE) is approximately 398.3M.

What is the main business focus of Kimball Electronics Inc?

Kimball Electronics Inc specializes in providing contract manufacturing services focused on durable electronics for critical sectors such as automotive, industrial, medical, and public safety.

Which industries does Kimball Electronics serve?

The company serves a broad range of industries including automotive, industrial, medical, and public safety, all of which require high-quality, safety-critical electronic assemblies.

What core services does Kimball Electronics offer?

Their core services include advanced engineering, precision manufacturing, and integrated supply chain management, ensuring complete support from design to final assembly.

How does Kimball Electronics ensure quality and reliability?

The company employs rigorous quality assurance protocols, state-of-the-art testing methods, and strict adherence to industry standards to deliver reliable products for safety-critical applications.

How does the global presence of Kimball Electronics benefit its customers?

With a strategically diversified geographic footprint, Kimball Electronics is able to provide localized support and rapid response, enhancing operational efficiency and customer service across different regions.

What is the role of engineering and supply chain services in their business model?

These services support their manufacturing capabilities by optimizing product design, ensuring precision in production, and streamlining distribution, which together enhance the overall value proposition for clients.

What sets Kimball Electronics apart from other EMS providers?

Their expertise in handling safety-critical electronic assemblies, commitment to quality and reliability, and extensive global operations position them uniquely within the competitive electronics manufacturing services industry.
Kimball Electronics Inc

Nasdaq:KE

KE Rankings

KE Stock Data

398.28M
24.02M
2.03%
78.53%
1.97%
Electrical Equipment & Parts
Printed Circuit Boards
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United States
JASPER