Brief: Kimball International Reports Q2 Loss Per Share $0.02

Kimball International

04/02/2021 21:43

Feb 4 (Reuters) - Kimball International Inc  KBAL.O :
    * KIMBALL INTERNATIONAL, INC. REPORTS SECOND QUARTER 2021
RESULTS
    * Q2 LOSS PER SHARE $0.02
    * Q2 SALES FELL 29 PERCENT TO $136.2 MILLION
    * Q2 ADJUSTED EARNINGS PER SHARE $0.09 EXCLUDING ITEMS
    * ON TRACK TO ACHIEVE $20 MILLION IN COST SAVINGS IN FISCAL
2021
    * PORT CONGESTION DELAYS REDUCED Q2 REVENUE BY $6 MILLION
    * EXPECT Q3 ORGANIC REVENUE TO BE SIMILAR TO Q2 LEVELS
    * ANTICIPATE A SEQUENTIAL INCREASE IN GROSS MARGIN IN Q4

Source text for Eikon:  ID:nGNX5QVJ4f 
Further company coverage:  KBAL.O 

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