Kimball Electronics, Inc. (Nasdaq: KE) announces financial results for the first quarter ended September 30, 2024.

First Quarter Fiscal 2025 Highlights:

• Net sales totaled $374.3 million
• Operating income of $9.1 million, or 2.4% of net sales, adjusted operating income of 3.4%
• Cash generated by operating activities of $45.5 million, borrowings on credit facilities reduced to 2-year low
• Company continues to sharpen its strategic focus by completing the divestiture of the Automation, Test, and Measurement business and announcing the closure of its manufacturing facility in Tampa, FL

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