Kimball International, Inc. Reports Third Quarter Results

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Kimball Int'l (KBAL) Reports Q3 EPS of $0.27

May 5, 2020 5:26 PM EDT

Kimball Int'l (NASDAQ: KBAL) reported Q3 EPS of $0.27, versus $0.22 reported last year. Revenue for the quarter came in at $178.2 million, versus $177.4 million reported last year.

Third Quarter FY 2020

Net sales increased 0.5% to $178.2 millionOperating income margin of 7.9%, or 7.5% on an adjusted basisNet income of $9.5 million, increased 19%Adjusted EBITDA of $17.5 million, increased 21%, and adjusted EBITDA margin of 9.8%, increased 160 basis pointsDiluted EPS of $0.25, or $0.27 on an adjusted basis, an increase of 23% compared to $0.22 a year agoReturn on Invested Capital (ROIC) of 29.4%Backlog of $187.0 million

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