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Stock impact report

Kimball Electronics Reports Q2 Results; Company Updates Guidance for Fiscal 2024

Kimball Electronics, Inc. (KE) 
Company Research Source: Business Wire
Net sales totaled $421.2 million, a 4% decrease compared to the second quarter of fiscal 2023; foreign currency had a 1% favorable impact on net sales year-over-yearOperating income of $16.6 million, or 3.9% of net sales, compared to $17.5 million or 4.0% of net sales, in the same period last yearAdjusted operating income of $17.1 million, or 4.1% of net sales, compared to $17.8 million, or 4.1% of net sales, in the same period last yearNet income of $8.3 million, or $0.33 per diluted share, compared to $10.7 million, or $0.43 per diluted share, in the second quarter of fiscal 2023 JASPER, Ind.--(BUSINESS WIRE)--Kimball Electronics, Inc. (Nasdaq: KE) today announced financial results for the second quarter of fiscal 2024.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240205258456/en/        Three Months Ended Six Months Ended December 31, December 31,(Amounts in Thousands, except EPS)2023 2022 2023 2022Net Sales$421,235 Show less Read more
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