Welcome to our dedicated page for Key Tronic news (Ticker: KTCC), a resource for investors and traders seeking the latest updates and insights on Key Tronic stock.
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) reported strong financial results for Q1 FY2023, with revenue of $137.3 million, up 9% sequentially and 3% year-over-year. The net income increased to $1.2 million or $0.11 per share, reflecting a 41% rise from the previous year. Despite challenges from storm damage impacting gross profit and supply chain constraints, new program wins in diverse sectors like audio and electric vehicles bode well for future growth. The company forecasts Q2 FY2023 revenue between $140 million and $150 million.
Key Tronic Corporation (Nasdaq: KTCC) will report its Q1 fiscal 2023 results on November 1, 2022, after market close. A conference call is scheduled for 2:00 PM Pacific (5:00 PM Eastern) that same day, where financial results will be discussed. The call will be accessible via the Key Tronic website under 'Investor Relations' or by phone.
Key Tronic is a prominent contract manufacturer providing comprehensive design and manufacturing services across the US, Mexico, China, and Vietnam for major OEMs. For more details, visit www.keytronic.com.
Key Tronic Corporation (KTCC) reported fiscal Q4 2022 revenue of $126.2 million, down from $132.6 million in Q4 2021. Annual revenue increased 3% to $531.8 million. Production was affected by supply chain constraints and COVID-related factory closures in China. Net income for Q4 was $1.0 million or $0.09 per share, up from $0.02 per share last year. Gross margin improved to 9.3%. For Q1 FY2023, revenue is projected between $125 million to $135 million, with earnings of $0.05 to $0.10 per share.
Key Tronic Corporation (Nasdaq: KTCC) announced plans to release its financial results for Q4 and the fiscal year 2022 on August 9, 2022, after market close. A conference call will follow at 2:00 PM Pacific (5:00 PM Eastern) on the same day to discuss these results. The call can be accessed via the company's website under 'Investor Relations' or through dedicated phone lines. Key Tronic provides advanced design and manufacturing services across multiple global facilities, serving top original equipment manufacturers.
Key Tronic Corporation (KTCC) reported a 3% increase in Q3 fiscal 2022 revenue, totaling $138.4 million, compared to $134.6 million in the prior year. For the first nine months, revenue rose 5% to $405.6 million. Despite rising demand, production faced constraints due to global supply chain disruptions and COVID-related factory closures in Shanghai. The company's gross margin improved slightly to 8.3%, with net income increasing 16% to $1.0 million or $0.09 per share. Looking ahead, Q4 revenue is projected between $125 million and $135 million.
Key Tronic Corporation (Nasdaq: KTCC) is set to report its fiscal Q3 2022 results on May 5, 2022, after market close. A conference call to discuss these results will occur at 2:00 PM Pacific (5:00 PM Eastern) on the same day. Interested parties can access the call via the company’s website under 'Investor Relations' or through specified phone lines. Key Tronic is a prominent contract manufacturer, providing comprehensive design and manufacturing services across multiple countries, catering to leading original equipment manufacturers.
Key Tronic Corporation (Nasdaq: KTCC) reported second-quarter fiscal 2022 revenue of $134.5 million, a 5% increase from $128.3 million the previous year. Customer reimbursements accounted for a $10 million uptick in revenue. However, gross margin fell to 7.3% from 8.3%, with net income decreasing to $0.6 million or $0.05 per share. Ongoing global supply chain challenges and a two-week seasonal closure impacted production. For Q3, Key Tronic forecasts revenue between $130 million to $140 million and earnings per share of $0.05 to $0.10.
Key Tronic Corporation (Nasdaq: KTCC) is set to release its second quarter fiscal 2022 results on February 1, 2022, after market close. The company will hold a conference call for financial discussions at 2:00 PM Pacific (5:00 PM Eastern) on the same day. Interested parties can access the conference via the company's website or by phone. Key Tronic is a prominent contract manufacturer, providing engineering services and manufacturing solutions across the globe, including the U.S., Mexico, China, and Vietnam.
Key Tronic Corporation (Nasdaq: KTCC) announced plans to manufacture for a leading power equipment company starting in 2022. This contract includes the design and production of an innovative power equipment product, expected to generate nearly $80 million annually once fully operational. The manufacturing will take place at Key Tronic's Juarez, Mexico facility. The partnership is anticipated to enhance Key Tronic's product availability and customer base, contributing to long-term growth.
Key Tronic Corporation (Nasdaq: KTCC) reported an 8% year-over-year revenue growth for Q1 FY2022, totaling approximately $132.8 million, up from $123.2 million in Q1 FY2021. Despite strong customer demand and successful new program launches, the company faced challenges from global supply chain disruptions, impacting margins and earnings. Gross margin declined to 7.6% and operating margin to 1.6%. Net income was $0.8 million or $0.07 per share, down from $1.7 million or $0.16 per share year-over-year. For Q2 FY2022, revenue is expected between $125 million to $135 million.
FAQ
What is the current stock price of Key Tronic (KTCC)?
What is the market cap of Key Tronic (KTCC)?
