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

BENSALEM, Pa.--(BUSINESS WIRE)---- $KTCC #CLASSACTION--INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation of Key Tronic Corporation (KTCC) on Behalf of Investors

INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation of Key Tronic Corporation (KTCC) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)---- $KTCC #CLASSACTION--Glancy Prongay & Murray LLP, a National Class Action Law Firm, Continues Investigation of Key Tronic Corporation (KTCC) on Behalf of Investors

Glancy Prongay & Murray LLP, a National Class Action Law Firm, Continues Investigation of Key Tronic Corporation (KTCC) on Behalf of Investors

NEW YORK--(BUSINESS WIRE)---- $KTCC--The law firm of Kirby McInerney LLP is investigating potential claims against Key Tronic Corporation (“Key Tronic” or the “Company”) (NASDAQ: KTCC). The investigation focuses on the Company's possible violations of federal securities laws. On February 10, 2021, Key Tronic reported that it had “received a notification from an employee regarding irregularities of the classification of inventory between raw material and work-in-process at a production facility.” As a res

INVESTOR ALERT: Kirby McInerney LLP Announces an Investigation of Shareholder Claims Against Key Tronic Corporation

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

The Law Offices of Frank R. Cruz Announces Investigation Key Tronic Corporation (KTCC) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)---- $KTCC #CLASSACTION--Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Key Tronic Corporation (KTCC) on Behalf of Investors

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Key Tronic Corporation (KTCC) on Behalf of Investors

BENSALEM, Pa.--(BUSINESS WIRE)---- $KTCC #CLASSACTION--INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Key Tronic Corporation (KTCC) on Behalf of Investors

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Key Tronic Corporation (KTCC) on Behalf of Investors

SPOKANE VALLEY, Wash., Feb. 10, 2021 (GLOBE NEWSWIRE) -- Key Tronic Corporation (Nasdaq: KTCC), a provider of electronic manufacturing services (EMS), today announced the Company is unable to file its Quarterly Report on Form 10-Q for the quarter ended December 26, 2020 (the “Form 10-Q”) by the prescribed due date without unreasonable effort or expense.

Key Tronic Corporation Announces Late Filing For the Second Quarter of Fiscal Year 2021

Key Tronic is a rare profitable and growing company that trades well below tangible book value. The low stock price is due to a number of quarterly earnings and revenue misses over the past six years.

Key Tronic Is Profitable And Growing Yet Priced Below Book Value

Key Tronic Corporation (KTCC) CEO Craig Gates on Q2 2021 Results - Earnings Call Transcript

13% Year-to-Date Revenue Growth and New Program Wins; Expecting Continued Growth in the Third Quarter 13% Year-to-Date Revenue Growth and New Program Wins; Expecting Continued Growth in the Third Quarter

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

SPOKANE VALLEY, Wash., Jan. 18, 2021 (GLOBE NEWSWIRE) --  Key Tronic Corporation (Nasdaq: KTCC), announced today that it plans to report its results for the second quarter of fiscal 2021 after market close on January 26, 2021.

Keytronic Corporation Announces Second Quarter Reporting Date

Key Tronic delivered Q2 FY2021 revenue growth of 17% despite labor and shutdown issues as a result of the pandemic. KTCC has substantial manufacturing capacity in Vietnam, Mexico, and the US and is ideally position to benefit from the ongoing US/China trade war.

Key Tronic: CEO Appears Bullish On The Potential For New $100 Million Contracts

Key Tronic Corporation (KTCC) CEO Craig Gates on Q1 2021 Results - Earnings Call Transcript

Revenue Growth and New Program Wins; Expecting Continued Growth in the Second Quarter Revenue Growth and New Program Wins; Expecting Continued Growth in the Second Quarter

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

SPOKANE VALLEY, Wash., Oct. 14, 2020 (GLOBE NEWSWIRE) -- Key Tronic Corporation (Nasdaq: KTCC), announced today that it plans to report its results for the first quarter of fiscal 2021 after market close on October 27, 2020.

Keytronic Corporation Announces First Quarter Reporting Date

SPOKANE VALLEY, Wash., Aug.  17, 2020  (GLOBE NEWSWIRE) -- Key Tronic Corporation (Nasdaq: KTCC), a provider of electronic manufacturing services (EMS), today announced the closing of a new credit facility to aid with expected growth.

Key Tronic Corporation Closes on New Credit Facility to Aid With Expected Growth

Key Tronic Corporation (KTCC) CEO Craig Gates on Q4 2020 Results - Earnings Call Transcript

Continued New Program Wins; Expecting Continued Revenue Growth in the First Quarter Continued New Program Wins; Expecting Continued Revenue Growth in the First Quarter

Key Tronic Corporation Announces Results for the Fourth Quarter and Year End of Fiscal 2020

SPOKANE VALLEY, Wash., July  14, 2020  (GLOBE NEWSWIRE) -- Keytronic Corporation (Nasdaq KTCC), a world class provider of engineering design and electromechanical manufacturing services, today announced it has been selected by Manufacturing Technology Insights Magazine as a Top 10 Contract Manufacturing Service Provider for 2020.    

Keytronic Selected as a Top 10 Contract Manufacturing Service Provider for 2020

Key Tronic Corporation (KTCC) CEO Craig Gates on Q3 2020 Results - Earnings Call Transcript

SPOKANE VALLEY, Wash., April  27, 2020  (GLOBE NEWSWIRE) -- Key Tronic Corporation (Nasdaq: KTCC), a provider of electronic manufacturing services (EMS), today announced the Company has successfully resumed operations in its Juarez, Mexico facilities after announcing the temporary closure of these production facilities as a result of new restrictions by the Mexican government last week.

Key Tronic Corporation Announces Mexico Facilities Resume Operations

Shares of Key Tronic Corp. KTCC, -15.50% tumbled 16% in midday trading Thursday, after the electronic manufacturing services (EMS) company said closed its facilities in Juarez, Mexico following new restrictions imposed by the Mexican government.

Key Tronic's stock tumbles after new Mexico restrictions leads to closure of Juarez facilities

SPOKANE VALLEY, Wash., April  23, 2020  (GLOBE NEWSWIRE) -- Key Tronic Corporation (Nasdaq: KTCC), a provider of electronic manufacturing services (EMS), today announced the temporary closure of its Juarez, Mexico production facilities as a result of new restrictions by the Mexican government, which could potentially last until May 30, 2020 (unless further extended).

Key Tronic Corporation Announces Required Temporary Closure of Juarez Facilities Due to COVID-19

SPOKANE VALLEY, Wash., April  09, 2020  (GLOBE NEWSWIRE) -- Keytronic Corporation (Nasdaq: KTCC), announced today that it plans to report its results for the third quarter of fiscal 2020 after market close on April 28, 2020.

KEYTRONIC ANNOUNCES THIRD QUARTER REPORTING DATE

SPOKANE VALLEY, Wash., April  09, 2020  (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 28, 2020.

News for Key Tronic Stock (KTCC)