Kimball Electronics ReportsQ3 Results; Company Announces Renewed Strategic Focus, Including Expected Divestiture of Automation, Test & Measurement Business

JASPER, Ind.–(BUSINESS WIRE)– Kimball Electronics, Inc. (Nasdaq: KE) today announced financial results for the third quarter of fiscal 2024 with net sales totaling $425.0 million and a net loss of $6.1 million, or $0.24 per share. This result includes the impairment of the Automation, Test & Measurement business, which the Company expects to divest, along with […]

Incap Corporation: Incap Group’s business review for January–March 2024 (unaudited)

January–March 2024 highlights Revenue for the first quarter 2024 amounted to EUR 51.4 million (1–3/2023: EUR 72.2 million). Year-on-year the revenue decreased 29.3%, as expected. Excluding the impact of the company’s largest customer, revenue grew 38% year-on-year. Revenue increased 21.1% compared to the fourth quarter of 2023. Adjusted operating profit (EBIT) amounted to EUR 6.2 […]

Key Tronic Corporation Announces Results For the Third Quarter of Fiscal Year 2024

New Program Wins Driven by Continued On-Shoring and Dual Sourcing of Manufacturing   SPOKANE VALLEY, Wash.(GLOBE NEWSWIRE) — Key Tronic Corporation (Nasdaq: KTCC), a provider of electronic manufacturing services (EMS), today announced its results for the quarter ended March 30, 2024. For the third quarter of fiscal year 2024, Key Tronic reported total revenue of $140.5 million, […]

Sales Sentiment Surges Upward in April ECST Survey for Electronic Components

ECIA’s Electronic Component Sales Trend (ECST) April 2024 Survey Results   Atlanta — The latest results from ECIA’s ECST survey show optimism continuing to surge upward in its measurement of overall sales sentiment for April and May among electronic components supply chain players. “The ECST overall index score jumped up by 17.2 points between March […]

Optera Launches Outreach Module to Accelerate Supply Chain Decarbonization

New capabilities help companies gain comprehensive Scope 3 data coverage, provide tailored guidance to activate suppliers   BOULDER, Colo.  – Optera, a leader in ESG and carbon management software, today launched its Outreach module to help companies efficiently collect data from suppliers at all phases of emissions-reporting readiness. As part of Optera’s Supply Chain Manager […]