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Kimball Electronics: Fiscal 1Q Earnings Snapshot

·1 min read

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.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KE at https://www.zacks.com/ap/KE