Kimball Electronics: Fiscal 1Q Earnings Snapshot
JASPER, Ind. (AP) _ Kimball Electronics Inc. (KE) on Tuesday reported fiscal first-quarter earnings of $16.8 million.
The Jasper, Indiana-based company said it had net income of 66 cents per share. Earnings, adjusted for non-recurring gains, came to 65 cents per share.
The electronics manufacturing services company posted revenue of $331.7 million in the period.
Kimball Electronics shares have dropped 22% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $13.65, a decrease of 12% in the last 12 months.