Kimball Electronics Reports Q3 Results and Reiterates Guidance for Fiscal 2025 with Sales and Operating Income Expected at High-End of Range; Company Adds New Facility to Support Strategy to Drive Growth in the Medical CMO
May 6, 2025, 08:47
by
Nicole Krempp
Third Quarter Fiscal 2025 Highlights
- Net sales totaled $374.6 million
- Operating income of $11.7 million, or 3.1% of net sales, adjusted operating income of 4.2%
- Inventory of $296.6 million, a reduction of $9.6 million from Q2
- Cash generated by operating activities of $30.9 million, the fifth consecutive quarter of positive cash flow
- Borrowings on credit facilities of $178.8 million, a $26.2 million decrease from the second quarter, and down $116 million, or 40%, in the fiscal year
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