Kimball Electronics, Inc. Reports Second Quarter Fiscal Year 2021 Results
Feb 3, 2021, 18:05
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Kimball Electronics
JASPER, Ind., Feb. 03, 2021 (GLOBE NEWSWIRE) -- Kimball Electronics, Inc. (Nasdaq: KE) today announced financial results for the second quarter ended December 31, 2020.
- Net sales in the second quarter were $321 million, up 4% year-over-year
- Second quarter operating income was 5.0% of net sales and adjusted operating income (non-GAAP) was 5.3%
- Net income of $15.1 million and diluted EPS of $0.60 in the second quarter
- Record quarterly cash flows provided by operating activities of $51.6 million during the second quarter
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