Southern Indiana Business Report
JASPER – Kimball Electronics Inc. (Nasdaq: KE) announced this week financial results for the third quarter ended March 31.
The Jasper-based company reported revenue of $352.9 million, a sequential increase of 3.4% compared to the second quarter of 2026.
The company noted sales in its medical sector increased 10.2% compared to the prior quarter and net revenue was $5.7 million.
“Results for the third quarter were in line with expectations. Sales increased sequentially compared to Q2, driven by strong growth in our medical vertical market, margins remained solid, and cash from operations was positive for the ninth consecutive quarter,” said Kimball Electronics CEO Richard D. Phillips. “We expect Q4 to be a good finish to the year and we are affirming our guidance for fiscal 2026 with adjusted operating margin estimated to be at the high end of the range.”
Kimball Electronics is a global, multifaceted solutions provider of Electronics Manufacturing Services and Contract Manufacturing Organization (CMO). Earlier this year Kimball, which is celebrating its 65th anniversary this year, announced its plans to rebrand as Kimball Solutions.