Kimball Electronics Reports Q4 Results and Fiscal 2027 Guidance
Kimball Electronics (NASDAQ:KE) reported fourth-quarter results for the period ended June 30, along with guidance for fiscal 2027. The company saw a sequential sales increase of 5% to $371.6 million across all end-market verticals and highlighted strong cash flow generation as a key strength. Kimball reduced total debt to $116.6 million—the lowest in over four years—while maintaining significant liquidity with $88.9 million in cash and $322.4 million of borrowing capacity. Despite these improvements, full-year net sales declined by 4% to $1.431 billion due largely to a drop in automotive (down 7%) and industrial segments. Adjusted operating income margin for the quarter was down at 4.9%, with adjusted diluted EPS turning negative ($0.01) compared to positive results last year. Fiscal 2027 guidance anticipates sales of $1.535 billion–$1.56 billion, driven by organic growth and contributions from its recent acquisition Helvoet Polymer Technologies. The company plans significant capital expenditures while maintaining flat or slightly lower operating margins for fiscal 2027 than in the previous year. Institutional interest has increased with hedge fund ownership rising to 16 funds, though short interest remains at a notable level of 6.59%.
Tickers: $KE