Brief: Kimball Electronics Reiterates Guidance For Fiscal Year 2022

Kimball Electronics

03/11/2021 21:39

Nov 3 (Reuters) - Kimball Electronics Inc  KE.O :
    * KIMBALL ELECTRONICS, INC. REPORTS FIRST QUARTER FISCAL
2022
RESULTS; REITERATES GUIDANCE FOR FISCAL YEAR 2022, DRIVEN BY
STRONG SECOND HALF
    * Q1 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.06
    * Q1 EARNINGS PER SHARE $0.10
    * SEES FY SALES UP 8 TO 16 PERCENT
    * SEES FY SALES $1.4 BILLION TO $1.5 BILLION
    * Q1 SALES $292.7 MILLION
    * SEES 2022 NET SALES IN RANGE OF $1.4 - $1.5 BILLION
    * SEES 2022 OPERATING INCOME IN RANGE OF 4.5% - 5.0% OF NET
SALES
    * Q1 EARNINGS PER SHARE VIEW $0.33, REVENUE VIEW $284.1
MILLION --
REFINITIV IBES DATA
    * FY2022 REVENUE VIEW $1.45 BILLION -- REFINITIV IBES DATA

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