JASPER, IN -- Kimball today reported net income at its EMS unit rose 6% to $6.85 million for its fiscal third quarter. Overall sales were up 3% to $310.8 million, and net income rose 96% to $7.2 million for the period ended March 31.
Operating income at the EMS segment was up 2% to $9.1 million during the period. Net sales to customers in the automotive, medical and industrial markets increased while sales to the public safety market declined compared to the prior year, bringing total EMS sales to $185.7 million.
The company took selling and administrative expenses in the quarter of $900,000 related to the spin-off of the EMS segment, offset in part by $700,000 in pretax income resulting from the settlement of an antitrust class action lawsuit against a vendor that allegedly conspired to fix component prices.