Key Tronic

Key Tronic Corp. engages in the provision of electronic and mechanical engineering, assembly, sourcing and procurement, logistics, and new product testing. The company was founded by Lewis G. Zirkle in 1969 and is headquartered in Spokane Valley, WA.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Key Tronic Corporation Reports Record Q3 Revenue and Optimistic Growth Outlook

Key Tronic Corporation's Q3 2023 performance reflects strong revenue growth, improved gross margin, and increased net income. Despite potential signs of an economic downturn, the company remains optimistic about growth prospects and is actively pursuing opportunities for expansion, including evaluating manufacturing migration and experiencing favorable trends in contract manufacturing.

Key Tronic (KTCC) overcomes Q2 challenges, eyes strong growth ahead

Key Tronic (KTCC) navigated challenges in Q2 to position for growth. Strong revenue outlook for Q3 and beyond. Focused on managing costs and seizing growth opportunities.

Key Tronic (KTCC) reports record revenue, faces supply chain challenges

Key Tronic (KTCC) delivered strong financial performance in Q3 2023, with record revenue and profitability.
While facing challenges from supply chain disruptions and economic signals, the company remains optimistic about growth.
Strategic strengths in customer acquisition, expansion, and efficiency improvements position Key Tronic (KTCC) for future success.
Opportunities in onshoring, Vietnam expansion, and new programs offer avenues for sustained growth and market leadership.

Key Tronic (KTCC) reports robust revenue growth amidst pricing challenges

Key Tronic (KTCC) delivered strong revenue growth in Q4 2023 and for the full year, despite margin pressures. The company's focus on working capital efficiency and inventory management is a positive sign. Challenges lie ahead with softening demand and currency fluctuations, but strategic pricing conversations offer opportunities for future growth.

Key Tronic reports Q1 revenue growth, eyes Vietnam for expansion

Key Tronic's Q1 performance showed revenue growth and margin challenges.
Efforts to improve inventory management and customer handling are strengths.
Challenges include currency fluctuations, COVID disruptions, and China-Vietnam business movement.
Opportunities lie in increased demand, new business, and growth in Vietnam.

Key Tronic reports robust Q2 performance, eyes margin expansion

Key Tronic (KTCC) delivered strong financial performance in Q2 2024, with revenue growth, margin improvements, and effective inventory management.
The company's strategic focus on cost reductions, leadership succession planning, and operational efficiency positions it for enhanced profitability and sustainable growth.
While facing challenges related to global dynamics and customer concentration, Key Tronic has opportunities to drive margin expansion, navigate currency risks, and achieve financial stability across operations.
Analyst inquiries and management responses reflect a commitment to improving profitability, operational efficiency, and strategic decision-making to drive long-term value creation for stakeholders.

Key Tronic reports Q3 revenue decline, shifts focus to customer-tailored model

Key Tronic faced revenue decline and margin challenges in Q3 2024 but made progress in reducing debt and inventory. The company is transitioning to a customer-focused model, balancing low-cost and high-touch customers. Despite challenges, Key Tronic sees growth opportunities in new customer programs and market expansion.

Key Tronic reports Q4 revenue decline, eyes recovery in 2025

Key Tronic faced revenue decline due to a cybersecurity incident but showed operational improvements.
The company aims for recovery in fiscal year 2025 with revenue and net income growth expectations.
Efforts to reduce inventory and liabilities reflect a focus on efficiency and financial health.
Challenges persist in profitability and cybersecurity, but opportunities for growth are on the horizon.

Key Tronic reports improved margins and operational focus in Q1

Key Tronic's Q1 2025 performance reflects progress in cost management, operational efficiency, and strategic focus on growth initiatives.
While facing challenges such as design delays and margin pressures, the company is well-positioned to leverage opportunities for revenue growth and margin enhancement.
By addressing challenges effectively and capitalizing on opportunities, Key Tronic aims to sustain its positive momentum and drive profitability in the upcoming quarters.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Cost savings from workforce reductions and a favorable exchange rate with the Mexican Peso aid KTCC's earnings in Q1.

Key Tronic (KTCC) Earnings Surge Y/Y in Q1, Revenues Decline

Key Tronic Corporation (NASDAQ:KTCC ) Q1 2025 Earnings Conference Call November 5, 2024 5:00 PM ET Company Participants Tony Voorhees - CFO Brett Larsen - President & CEO Conference Call Participants Bill Dezellem - Titan Capital George Melas - MKH Management Operator Good day, and welcome to the Key Tronic FY '25 Q1 Investor Call. Today's conference is being recorded.

Key Tronic Corporation (KTCC) Q1 2025 Earnings Call Transcript

SPOKANE VALLEY, Wash., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Key Tronic Corporation (Nasdaq: KTCC), a provider of electronic manufacturing services (EMS), today announced its results for the quarter ended September 28, 2024.

Key Tronic Corporation Announces Results for the First Quarter of Fiscal Year 2025

SPOKANE VALLEY, Wash., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Key Tronic Corporation (Nasdaq: KTCC), announced today that it plans to report its results for the first quarter of fiscal 2025 after market close on November 5, 2024.

Key Tronic Corporation Announces First Quarter Reporting Date

Key Tronic's (KTCC) Q4 earnings reflect the adverse impacts of a cyberattack that has prevented the fulfillment of around $15 million in orders.

Key Tronic (KTCC) Posts Break-Even Earnings, Y/Y Revenue Dip in Q4

Key Tronic Corporation (NASDAQ:KTCC ) Q4 2024 Earnings Conference Call August 13, 2024 5:00 PM ET Company Participants Tony Voorhees - CFO Brett Larsen - President & CEO Conference Call Participants Bill Dezellem - Titan Capital George Melas - MKH Management Operator Welcome to the Fourth Quarter Fiscal 2024 Keytronic Corporation. [Operator Instructions].

Key Tronic Corporation (KTCC) Q4 2024 Earnings Call Transcript

SPOKANE VALLEY, Wash., Aug. 13, 2024 (GLOBE NEWSWIRE) -- Key Tronic Corporation (Nasdaq: KTCC), a provider of electronic manufacturing services (EMS), today announced its results for the quarter and fiscal year ended June 29, 2024.

Key Tronic Corporation Announces Results for the Fourth Quarter of Fiscal Year 2024

SPOKANE VALLEY, Wash., Aug. 02, 2024 (GLOBE NEWSWIRE) -- Key Tronic Corporation (Nasdaq: KTCC), announced today that it plans to report its results for the fourth quarter and year-end of fiscal 2024 after market close on August 13, 2024.

Key Tronic Corporation Announces Fourth Quarter Reporting Date

SPOKANE VALLEY, Wash., Aug. 02, 2024 (GLOBE NEWSWIRE) -- Key Tronic Corporation (Nasdaq: KTCC), a provider of electronic manufacturing services (EMS), today announced its preliminary results for the fourth quarter of fiscal year ended June 29, 2024.

Key Tronic Corporation Announces Preliminary Results for the Fourth Quarter of Fiscal Year 2024

AmpliTech Gr

Datasea Inc

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies. `

Top 3 Tech Stocks That Could Blast Off In July

SPOKANE VALLEY, Wash., June 20, 2024 (GLOBE NEWSWIRE) -- K ey Tronic Corporation (Nasdaq: KTCC) today announced that, in connection with the previously disclosed retirement of Craig D. Gates, the Company's President and Chief Executive Officer, Mr. Gates will transition to the role of technical advisor, effective June 30, 2024. In this role, Mr. Gates will provide technical advice to the Company and transition support to the Company's new President and Chief Executive Officer, Brett R. Larsen. Mr. Gates will also continue as a member of the Company's Board of Directors.

Key Tronic Corporation Announces Consulting Arrangement With Craig D. Gates

Discover why Zacks rates Key Tronic (KTCC) as "Neutral," being the first on Wall Street to initiate coverage on the stock. Explore the company's strategic shift to contract manufacturing and global footprint that drives growth amid operational challenges.

Zacks Initiates Coverage of Key Tronic With Neutral Recommendation

Key Tronic Corporation (NASDAQ:KTCC ) Q3 2024 Earnings Conference Call May 7, 2024 5:00 PM ET Company Participants Brett Larsen - Chief Financial Officer Craig Gates - President & Chief Executive Officer Conference Call Participants Bill Dezellem - Titan Capital Bob Poole - Bricoleur Capital George Melas - MKH Management Operator Good day, and welcome to the Third Quarter Fiscal 2024 Key Tronic's Corporation Conference Call. Today's conference is being recorded.

Key Tronic Corporation (KTCC) Q3 2024 Earnings Call Transcript

New Program Wins Driven by Continued On-Shoring and Dual Sourcing of Manufacturing New Program Wins Driven by Continued On-Shoring and Dual Sourcing of Manufacturing

Key Tronic Corporation Announces Results For the Third Quarter of Fiscal Year 2024

SPOKANE VALLEY, Wash., April 25, 2024 (GLOBE NEWSWIRE) -- Key Tronic Corporation (Nasdaq: KTCC), a provider of electronic manufacturing services (EMS), today announced its preliminary results for the three months ended March 30, 2024.

Key Tronic Corporation Announces Preliminary Results for the Third Quarter of Fiscal Year 2024

SPOKANE VALLEY, Wash., April 25, 2024 (GLOBE NEWSWIRE) -- Key Tronic Corporation (Nasdaq: KTCC), announced today that it plans to report its results for the third quarter of fiscal 2024 after market close on May 7, 2024.

Key Tronic Corporation Announces Third Quarter Reporting Date

Key Tronic Corporation (KTCC) Q2 2024 Earnings Call Transcript

Continued Growth in US-based Production; Improved Gross Margins; New Program Wins Continued Growth in US-based Production; Improved Gross Margins; New Program Wins

Key Tronic Corporation Announces Results for the Second Quarter of Fiscal Year 2024

SPOKANE VALLEY, Wash., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Key Tronic Corporation (Nasdaq: KTCC), announced today that it plans to report its results for the second quarter of fiscal 2024 after market close on February 6, 2024.

Key Tronic Corporation Announces Second Quarter Reporting Date

SPOKANE VALLEY, Wash., Jan. 09, 2024 (GLOBE NEWSWIRE) -- Key Tronic Corporation (Nasdaq: KTCC) today announced that effective June 30, 2024, its Board of Directors has named Brett R. Larsen to succeed Craig D. Gates as the Company's President and Chief Executive Officer. Mr. Gates will retire from the Company effective June 30, 2024, but expects to remain a member of the Company's Board of Directors. Mr. Larsen, who has served as the Company's Executive Vice President of Administration, Chief Financial Officer, and Treasurer since July 2015, joined the Company in May 2004 and has assumed ever-increasing roles and responsibilities over the past 20 years. Tony Voorhees will also be promoted to Executive Vice President of Administration, Chief Financial Officer, and Treasurer on June 30, 2024.

Key Tronic Corporation Announces Leadership Succession Plans

Key Tronic Corporation (NASDAQ:KTCC ) Q1 2024 Earnings Conference Call October 31, 2023 5:00 PM ET Company Participants Brett Larsen - CFO Craig Gates - President and CEO Conference Call Participants Bill Dezellem - Tieton Capital Sheldon Grodsky - Grodsky Associates George Melas - MKH Management Operator Good day, and welcome to the Key Tronic First Quarter Fiscal 2024 Conference Call. Today's conference is being recorded.

Key Tronic Corporation (KTCC) Q1 2024 Earnings Call Transcript

SPOKANE VALLEY, Wash., Oct. 31, 2023 (GLOBE NEWSWIRE) -- Key Tronic Corporation (Nasdaq: KTCC), a provider of electronic manufacturing services (EMS), today announced its results for the quarter ended September 30, 2023.

Key Tronic Corporation Announces Results for the First Quarter of Fiscal Year 2024

SPOKANE VALLEY, Wash., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Key Tronic Corporation (Nasdaq: KTCC), a provider of electronic manufacturing services (EMS), today announced its preliminary results for the three months ended September 30, 2023.

Keytronic Corporation Announces Preliminary Results For the First Quarter of Fiscal Year 2024

DigitalOcean Holdings

Itron

Akerna Corp

TTM Technologies

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.

Top 5 Tech Stocks That Are Set To Fly This Quarter - Itron (NASDAQ:ITRI), DigitalOcean Holdings (NYSE:DOCN)

Key Tronic Corporation (NASDAQ:KTCC ) Q4 2023 Earnings Call Transcript August 15, 2023 5:00 PM ET Company Participants Brett Larsen - CFO Craig Gates - President and CEO Conference Call Participants Bill Dezellem - Tieton Capital George Melas - MKH Management Operator Good day, and welcome to the fiscal 2023 Fourth Quarter and Year-End Key Tronic Corporation Conference Call. Today's conference is being recorded.

News for Key Tronic Stock (KTCC)