Kimball Int'l (KBAL) Reports Q2 EPS of $0.21
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Kimball International, Inc. Reports Second Quarter Results and Increases Guidance — Strong Growth In Orders; Highest Earnings in 15 Years
February 2, 2016 4:05 PM ESTJASPER, Ind.--(BUSINESS WIRE)-- Kimball International, Inc. (NASDAQ: KBAL) today announced second quarter fiscal year 2016 net sales of $163.8 million and income from continuing operations of $6.5 million, or $0.17 per diluted share. Adjusted income from continuing operations for the second quarter of fiscal year 2016 was $7.7 million, or $0.21 per diluted share, which excludes charges related to a previously announced restructuring plan.
Bob Schneider, Chairman and CEO, stated, We continue to see growth in orders, up 6% on a consolidated basis when compared to the prior year second quarter. Office furniture orders increased 13% compared to last year,... More
