Medical Vertical
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Kimball Electronics: Q2 Earnings Surpass Expectations Amidst Robust Medical Sector Growth, Fiscal 2026 Guidance Increased
Kimball Electronics reported Q2 FY26 results, with revenue at $341.3 million, down 5% YoY, due to strategic portfolio adjustments. However, their medical segment surged 15%, highlighting successful diversification. Adjusted operating income improved to 4.5%, and cash flow remains strong for the eighth consecutive quarter. The company raised its full-year revenue guidance to $1.4-$1.46 billion, driven by expected medical segment growth.