JASPER, IN – Kimball Electronics reported its third quarter results, showing a 12% decline in net sales to $374.6 million, compared to $425 million last year. Operating income rose to $11.7 million, reversing last year's loss of $6.4 million, while adjusted operating income remained steady at 4.2%. The company also reported a positive net income of $3.8 million, compared to a loss of $6.1 million in Q3 2024.

Kimball reaffirmed its full-year guidance, expecting net sales between $1.40 billion and $1.44 billion and adjusted operating income between 3.4% and 3.6%. The company also announced a new manufacturing facility in Indianapolis to drive growth in medical contract manufacturing.