Kimball Electronics, Inc. (KE) Q1 2024 Earnings Call Transcript

Kimball Electronics, Inc. (NASDAQ:KE) Q1 2024 Earnings Conference Call November 7, 2023 10:00 AM ET

Company Participants

Andy Regrut – Vice President, Investor Relations

Ric Phillips – Chief Executive Officer

Jana Croom – Chief Financial Officer

Conference Call Participants

Mike Crawford – B. Riley

Derek Soderberg – Cantor Fitzgerald

Jason Smith – Lake Street

Anja Soderstrom – Sidoti

Hendi Susanto – Gabelli Funds

Mac Furst – Singular


Good morning, ladies and gentlemen. Welcome to the Kimball Electronics First Quarter Fiscal 2024 Earnings Conference Call. My name is Ellen, and I will be the facilitator for today’s call. All lines play more listen-only mode to prevent any background noise. After the completion of the prepared remarks from the Kimball Electronics leadership team, there will be a question-and-answer period. [Operator Instructions] Today’s call on November 7, 2023, is being recorded. A replay of the call will be available on the Investor Relations page of the Kimball Electronics website.

At this time, I would like to turn the call over to Andy Regrut, Vice President, Investor Relations. Mr. Regrut, you may begin.

Andy Regrut

Thank you, Ellen, and good morning, everyone. Welcome to our first quarter conference call.

With me here today is Ric Phillips, our Chief Executive Officer; and Jana Croom, Chief Financial Officer. We issued a press release yesterday afternoon with our results for the first quarter of fiscal 2024.

To accompany today’s call, a presentation has been posted to the Investor Relations page on our company website. Before we get started, I’d like to remind you that we will be making forward-looking statements that involve risks and uncertainties and are subject to our Safe Harbor provisions as stated in our press release and SEC filings and that actual results can differ materially from the forward-looking statements. Reconciliations of GAAP to non-GAAP amounts are

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