News
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.
CALGARY, AB – Kaynes Technology India Limited has announced the acquisition of Canada-based August Electronics through its subsidiary, Kaynes Canada Limited. The transaction is expected to close by the end of May, pending regulatory approvals.
AUSTIN, TX – Flex reported a quarterly revenue of $6.4 billion, up 1.6% year-over-year.
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