Kimball Electronics, Inc. Reports Fourth Quarter and Fiscal Year 2018 Results

Go back to Kimball Electronics, Inc. Reports Fourth Quarter and Fiscal Year 2018 Results

Kimball Electronics (KE) Reports Q4 EPS of $0.27

August 1, 2018 5:13 PM EDT

Kimball Electronics (NASDAQ: KE) reported Q4 EPS of $0.27. Revenue for the quarter came in at $276.77 million.

Donald D. Charron, Chairman and Chief Executive Officer, stated, Very strong growth in our automotive and medical end market verticals helped us achieve double-digit year-over-year growth for the fourth consecutive quarter and exceed our long-time stated goal of $1 billion in annual sales in fiscal year 2018.

Mr. Charron continued, We are pleased to have improved our operating income margin by 60 basis points from the prior year quarter and 20 basis points sequentially when compared to the third quarter. Partially... More