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Key Tronic Corporation (KTCC) delivers electronic manufacturing services (EMS) and precision engineering solutions to global OEMs. This news hub provides investors and industry professionals with direct access to the company's official communications and market developments.
Track all essential updates through our curated collection of earnings reports, manufacturing innovations, and strategic partnership announcements. The repository includes regulatory filings, product launch details, and operational updates critical for understanding KTCC's position in the contract manufacturing sector.
Discover timely information about PCB assembly advancements, global facility expansions, and supply chain initiatives. Our neutral presentation ensures you receive factual updates without speculative commentary, maintaining compliance required for informed financial decision-making.
Bookmark this page for streamlined access to Key Tronic's evolving corporate narrative. Check regularly for new developments impacting the EMS landscape and KTCC's role in shaping manufacturing efficiencies across consumer electronics and industrial markets.
Key Tronic Corporation (Nasdaq: KTCC) will report its third quarter results for fiscal 2023 after market close on May 2, 2023.
The company is scheduled to host a conference call at 2:00 PM Pacific (5:00 PM Eastern) on the same day to discuss its financial performance. Interested parties can listen to the call via Key Tronic's Investor Relations page or by calling 888-394-8218 (Access Code: 9727885). A replay will also be available on their website.
Key Tronic is recognized for its contract manufacturing services across its facilities in various countries, including the United States, Mexico, China, and Vietnam, providing comprehensive engineering and manufacturing solutions for leading OEMs.
Key Tronic Corporation (Nasdaq: KTCC) reported second-quarter fiscal 2023 revenues of $123.7 million, down from $134.5 million year-over-year. The decline was mainly due to a six-week production delay on a significant program, costing around $20 million in revenue. However, production is ramping up in Q3. Gross margin was 7.2% and operating margin 2.9%, showing improvement from the previous year. Net income rose to $1.0 million or $0.09 per share compared to $0.6 million or $0.05 per share in Q2 2022. For Q3, Key Tronic expects revenues between $160 million and $170 million.
Key Tronic Corporation (Nasdaq: KTCC) announced plans to report its results for the second quarter of fiscal 2023 after market close on January 31, 2023. A conference call to discuss the financial results is scheduled for 2:00 PM Pacific (5:00 PM Eastern) on the same day. Investors can access the call via the company's website or by phone. Key Tronic specializes in contract manufacturing services, providing full engineering services, materials management, and assembly services to major original equipment manufacturers from its facilities in the U.S., Mexico, China, and Vietnam.
Key Tronic Corporation (Nasdaq: KTCC) reported preliminary results for Q2 fiscal 2023, anticipating revenue of $123.5 million and earnings per share between $0.04 and $0.07. The lower revenue is attributed to a $20 million drop due to a six-week delay in production with a major power equipment client, though production is now ramping up. Despite this setback, the company has seen a record backlog and improving global supply issues. Looking ahead, Key Tronic projects Q3 revenue between $160 million and $170 million with EPS expected to range from $0.15 to $0.25.
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