Kimball Electronics (KE) Tops Q4 EPS by 15c
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Kimball Electronics Reports Strong Q4 and Fiscal Year 2021 Results Completes Record Setting Year and Provides Guidance With Strength Continuing in Fiscal 2022
August 4, 2021 4:05 PM EDTFiscal year 2021 set records for net sales, operating income as a percent of net sales, diluted EPS, and cash flow from operating activities
Net sales in the fourth quarter totaling $329Â million, up 15% year-over-yearFourth quarter operating income of 5.2% of net sales, adjusted non-GAAP of 5.5%, a 170 bps increase over adjusted non-GAAP Q4 last yearNet income of $14.4Â million in the fourth quarter, or $0.57 per diluted share, compared to net loss of $1.3Â million, or ($0.05) per share, in Q4 last yearFourth quarter adjusted non-GAAP net income of $14.7Â million, or $0.58 per diluted share, compared to adjusted non-GAAP Q4 fiscal... More
