Kimball International, Inc. Reports Third Quarter 2021 Results

JASPER, Ind., May 04, 2021 (GLOBE NEWSWIRE) — Kimball International, Inc. (NASDAQ: KBAL) today announced results for the quarter ended March 31, 2021.

Selected Financial Highlights:

Third Quarter FY 2021

• Net sales of $138.7 million
• Gross margin was 28.7%
• Net loss of $4.5 million; Adjusted net loss was $1.0 million
• Diluted EPS of $(0.12); Adjusted diluted EPS was $(0.03)
• Adjusted EBITDA of $1.9 million
• Backlog of $129.6 million

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