Kimball Electronics Q1 FY27 adjusted operating income falls year over year to $17 million
- Kimball Electronics reported a gross margin of 7.9% for the first quarter of FY27.
- Net sales rose 7% year-over-year to $390.8 million, supported by organic growth and the Helvoet acquisition.
- Medical net sales climbed 14% year-over-year to $116 million, with strength across multiple product categories.
- Management reiterated FY27 guidance, expecting net sales at the high end of its range, driven by continued strength in Medical.
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