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.

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Record Annual Revenue Up 11%; Annual Earnings Up 53%; New Program Wins Record Annual Revenue Up 11%; Annual Earnings Up 53%; New Program Wins

Key Tronic Corporation Announces Results For The Fourth Quarter And Year End Of Fiscal 2023

Key Tronic Corporation (NASDAQ:KTCC ) Q3 2023 Earnings Conference Call May 2, 2023 5:00 PM ET Company Participants Brett Larsen - Chief Financial Officer Craig Gates - President and Chief Executive Officer Conference Call Participants Bill Dezellem - Tieton Capital Sheldon Grodsky - Grodsky Associates Operator Good day and welcome to the Third Quarter Fiscal 2023 Key Tronic Corporation Conference Call. Today's conference is being recorded.

Key Tronic Corporation (KTCC) Q3 2023 Earnings Call Transcript

Record Revenue During the Quarter and Earnings Up 100%; New Program Wins Record Revenue During the Quarter and Earnings Up 100%; New Program Wins

Key Tronic Corporation Announces Results for the Third Quarter of Fiscal Year 2023

Key Tronic Corporation (NASDAQ:KTCC ) Q2 2023 Earnings Conference Call January 31, 2023 5:00 PM ET Company Participants Brett Larsen - Chief Financial Officer Craig Gates - President and Chief Executive Officer Conference Call Participants Bill Dezellem - Tieton Capital Sheldon Grodsky - Grodsky Associates George Melas - MKH Management Operator Good day, and welcome to the Second Quarter Fiscal 2023 Key Tronic Corporation Conference Call. Today's conference is being recorded.

Key Tronic Corporation (KTCC) Q2 2023 Earnings Call Transcript

Expected Increase in Revenue and Earnings; New Program Wins; Preparing for Growth in Coming Quarters Expected Increase in Revenue and Earnings; New Program Wins; Preparing for Growth in Coming Quarters

Key Tronic Corporation Announces Results for the Second Quarter of Fiscal Year 2023

SPOKANE VALLEY, Wash., Jan. 23, 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 December 31, 2022.

Key Tronic Corporation Announces Preliminary Results for the Second Quarter of Fiscal Year 2023

Key Tronic Corporation (NASDAQ:KTCC ) Q1 2023 Earnings Conference Call November 1, 2022 5:00 PM ET Company Participants Brett Larsen – Chief Financial Officer Craig Gates – President and Chief Executive Officer Conference Call Participants Bill Dezellem – Tieton Capital Sheldon Grodsky – Grodsky Associates George Melas – MKH Management Operator Good day, ladies and gentlemen, and welcome to the First Quarter Fiscal 2023 Key Tronic Corporation Conference Call. Today's conference is being recorded.

Key Tronic Corporation (KTCC) Q1 2023 Earnings Call Transcript

Increased Revenue and Earnings; New Program Wins; Preparing for Continued Growth in Coming Quarters Increased Revenue and Earnings; New Program Wins; Preparing for Continued Growth in Coming Quarters

Key Tronic Corporation Announces Results For the First Quarter of Fiscal Year 2023

Key Tronic Corporation (NASDAQ:KTCC ) Q4 2022 Earnings Conference Call August 9, 2022 5:00 PM ET Company Participants Brett Larsen - Chief Financial Officer 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 Fourth Quarter and Year End Fiscal 2022 Key Tronic Corporation Conference Call.

Key Tronic Corporation's (KTCC) CEO Craig Gates on Q4 2022 Results - Earnings Call Transcript

Strong Customer Demand for North American Production and New Program Wins Strong Customer Demand for North American Production and New Program Wins

Key Tronic Corporation Announces Results for the Fourth Quarter and Year End of Fiscal 2022

SPOKANE VALLEY, Wash., July 26, 2022 (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 2022 after market close on August 9, 2022.

Key Tronic Corporation Announces Fourth Quarter and Year End Reporting Date

Key Tronic Corporation (NASDAQ:KTCC ) Q3 2022 Earnings Conference Call May 5, 2022 5:00 PM ET Company Participants Brett Larsen – Chief Financial Officer Craig Gates – President & Chief Executive Officer Conference Call Participants Bill Dezellem – Tieton Capital Sheldon Grodsky – Grodsky & Associates George Melas – MKH Management Bill Dezellem – Tieton Capital Operator Good day and welcome to the Q3 Fiscal 2022 Key Tronic Corporation Conference Call. Today's conference is being recorded.

Key Tronic Corporation (KTCC) CEO Craig Gates on Q3 2022 Results - Earnings Call Transcript

Strong Customer Demand for North American Production and New Program Wins

Key Tronic Corporation Announces Results for the Third Quarter of Fiscal Year 2022

Key Tronic Corporation (KTCC) CEO Craig Gates on Q2 2022 Results - Earnings Call Transcript

Strong Customer Demand for US Production and New Program Wins Strong Customer Demand for US Production and New Program Wins

Key Tronic Corporation Announces Results for the Second Quarter of Fiscal Year 2022

Program expected to have a significant impact on revenue and profit Program expected to have a significant impact on revenue and profit

Key Tronic Corporation Awarded New Contract With One of the World's Leading Power Equipment Companies

Key Tronic Corporation (KTCC) CEO Craig Gates on Q1 2022 Results - Earnings Call Transcript

8% Year-over-Year Revenue Growth, Strong Customer Demand and New Program Wins 8% Year-over-Year Revenue Growth, Strong Customer Demand and New Program Wins

Key Tronic Corporation Announces Results for the First Quarter of Fiscal Year 2022

Key Tronic Corporation (KTCC) CEO Craig Gates on Q4 2021 Results - Earnings Call Transcript

15% Year-over-Year Revenue Growth and Record Annual Revenue; Growing Customer Demand and New Program Wins 15% Year-over-Year Revenue Growth and Record Annual Revenue; Growing Customer Demand and New Program Wins

Key Tronic Corporation Announces Results for the Fourth Quarter and Year End of Fiscal 2021

SPOKANE VALLEY, Wash., July 06, 2021 (GLOBE NEWSWIRE) -- Key Tronic Corporation (Nasdaq: KTCC), a provider of electronic manufacturing services (EMS), today announced its results for the quarter ended April 3, 2021. Reporting the results for the third quarter of fiscal 2021 was delayed until the Audit Committee of the Company's Board of Directors completed its previously announced internal investigation.

Key Tronic Corporation Announces Results For the Third Quarter of Fiscal Year 2021 and New Program Win

SPOKANE VALLEY, Wash., July 06, 2021 (GLOBE NEWSWIRE) -- Key Tronic Corporation (Nasdaq: KTCC) (the “Company”), a provider of electronic manufacturing services (EMS), today announced that the Audit Committee of the Company's Board of Directors (the “Audit Committee”) has completed its internal investigation, which was originally announced in February 2021. The Audit Committee, assisted by independent legal counsel and a forensic accounting firm, conducted an investigation related to a notification from an employee regarding potential irregularities of the classification of inventory at a production facility.

Key Tronic Corporation Announces Completion of Audit Committee Investigation

SPOKANE VALLEY, Wash., May 25, 2021 (GLOBE NEWSWIRE) -- Key Tronic Corporation (Nasdaq: KTCC) received on May 19, 2021 a standard notice from Nasdaq indicating that, as a result of not having timely filed its Quarterly Report on Form 10-Q for the period ended April 3, 2021, and because the Company has not yet filed its Form 10-Q for the period ended December 26, 2020 (the “Second Quarter Form 10-Q”), the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of all required periodic financial reports with the Securities and Exchange Commission.

Key Tronic Corporation Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q

SPOKANE VALLEY, Wash., May 05, 2021 (GLOBE NEWSWIRE) -- Key Tronic Corporation (Nasdaq: KTCC), a provider of electronic manufacturing services (EMS), today announced its preliminary results for the quarter ended April 3, 2021.

Key Tronic Corporation Announces Preliminary Results for the Third Quarter of Fiscal Year 2021

LOS ANGELES--(BUSINESS WIRE)---- $KTCC #investors--The Law Offices of Frank R. Cruz Continues Investigation of Key Tronic Corporation (KTCC) on Behalf of Investors

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