CSIMarket
 
Key Tronic Corporation  (KTCC)
Other Ticker:  
 
    Sector  Technology    Industry Semiconductors
   Industry Semiconductors
   Sector  Technology
 
Price: $5.6100 $0.22 4.082%
Day's High: $5.65 Week Perf: -3.44 %
Day's Low: $ 5.38 30 Day Perf: -6.5 %
Volume (M): 54 52 Wk High: $ 6.14
Volume (M$): $ 301 52 Wk Avg: $4.62
Open: $5.45 52 Wk Low: $3.60



 Market Capitalization (Millions $) 60
 Shares Outstanding (Millions) 11
 Employees 4,122
 Revenues (TTM) (Millions $) 551
 Net Income (TTM) (Millions $) -2
 Cash Flow (TTM) (Millions $) 3
 Capital Exp. (TTM) (Millions $) 4

Key Tronic Corporation
Key Tronic Firm was founded in 1969 as a Washington corporation that produced computer keyboards locally. We became a prominent independent producer of computer keyboards in the United States due to our ability to develop, build, and deliver a quality product. Because of our completely integrated design, tooling, and automated manufacturing capabilities, we were able to respond quickly to clients requests for keyboards in production numbers all over the world.

We supported our sales growth through the development and purchase of international manufacturing facilities. As the computer keyboard market matured with increasing competition from other international providers, we determined that our business could no longer solely rely on keyboard sales.
After assessing market conditions and our strengths and capabilities, we shifted our focus from keyboard manufacturing to contract manufacturing for a wide range of products. Our unique strategic attributes are based on our core strengths of innovative design and engineering expertise in electronics, mechanical engineering, sheet metal fabrication and stamping, and precision plastics combined with high-quality, low cost production, and assembly on an international basis while providing exceptional customer service. These strengths have made our company a strong competitor in the contract manufacturing market.

We believe that we are well positioned in the contract manufacturing industry to continue the expansion of our customer base and achieve long-term growth. Our unique blend of multinational facilities, vertical integration, centralized management, and core strengths continue to support our growth and our customers' needs. We continue to focus on controlling operating expenses and leveraging the synergistic capabilities of our world-class facilities in the United States, Mexico, China and Vietnam. This international production capability provides our customers with the benefits of improved supply-chain management, reduced inventory, lower labor costs, lower transportation costs, and reduced product fulfillment time. Given our competitive advantages and the growing pressure for new potential customers to move forward with their outsourcing strategies, we feel that we are strongly positioned to win new business in coming periods and grow our revenue and profits.


   Company Address: N. 4424 Sullivan Road Spokane Valley 99216 WA
   Company Phone Number: 928-8000   Stock Exchange / Ticker: NASDAQ KTCC


Customers Net Income fell by KTCC's Customers Net Profit Margin fell to

-25.39 %

11.51 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
BHE        2.25% 
JBL        1.32% 
KE        1.2% 
PLXS        5.04% 
SANM        0.92% 
TTMI        3.99% 
• View Complete Report
   



Management Announcement

Key Tronic Corporation's Preliminary Results Reveal Subpar ROI for Q4 2024, Raises Investor Concerns

Published Fri, Aug 2 2024 12:40 PM UTC


Spokane Valley, Wash., Aug. 02, 2024 - Key Tronic Corporation (Nasdaq: KTCC), a leading provider of electronic manufacturing services (EMS), has recently released its preliminary results for the fourth quarter of fiscal year 2024. These results have sparked concerns among investors as the company's return on average invested assets (ROI) dipped to 0.1%, significantly be...

Key Tronic Corporation

Key Tronic Corporation Faces Steep Revenue Decline in Challenging Business Environment

Key Tronic Corporation, a leading provider of electronic manufacturing services, faced a challenging first quarter of 2024 as they reported a deficit of $0.21 per share compared to $0.18 per share in the same period a year ago. Moreover, earnings per share fell from $0.10 per share in the preceding reporting season. These results indicate a decrease in profitability and raise concerns among investors.
The company's revenue also experienced a significant decline, dropping by 14.601% to $140.53 million compared to $164.55 million in the corresponding reporting season a year ago. Sequentially, revenue decreased by 3.363% from $145.42 million. These figures highlight a struggle for Key Tronic Corporation to maintain its top-line growth and may raise questions about the company's ability to generate sufficient revenue.

Key Tronic Corporation

Key Tronic Corporation Defies Industry Slump with 17.549% Revenue Surge and 11.11% Income Growth

Key Tronic Corporation, an electronic manufacturing company, recently reported a double-digit revenue improvement of 17.549% to $145.42 million in the fiscal interval ending December 30, 2023. This significant surge in revenue was accompanied by a modest income improvement of 11.11% to $0.10 per share, compared to the same period the previous year.
While most companies in the Semiconductors sector experienced a decline in business, Key Tronic Corporation managed to withstand the industry's situation and achieve remarkable revenue growth. This demonstrates the company's resilience and ability to navigate through challenging times.
However, it's important to note that despite the revenue improvement, Key Tronic Corporation's earnings per share (EPS) only grew rapidly from the preceding quarter by 233.33% from $0.03 per share. Additionally, there was a decrease of -1.588% in revenue from $147.76 million.
The company's net income also saw a positive change, increasing by 12.1% from $0.967 million to $1.084 million in the fiscal interval ending December 30, 2023.
To drive sales and revenue growth, Key Tronic Corporation has shifted its focus on improving sales in the aforementioned fiscal interval. However, this refocus led to a slight decrease in net margin, which eased to 0.75%.

Key Tronic Corporation

Key Tronic Corporation Demonstrates Resilient Growth Amid Challenging Semiconductor Sector in Q1 2024

Key Tronic Corporation (KTCC) recently released its financial report for the quarter ending on September 30, 2023. The company's earnings per share (EPS) was $0.03, a significant decrease from the previous year's $0.11 EPS. However, its revenue increased by 7.65% during the same period. This positive revenue growth is a notable achievement, particularly given the struggles faced by many companies in the semiconductor sector.
In contrast to the previous quarter, Key Tronic Corporation experienced declines in both revenue and EPS in Q4. Revenue fell by 9.131% to $162.61 million, while EPS dropped by 68.85% to $0.10 per share. The bottom-line also suffered, with a decrease of 70.92% from $1.152 million in the corresponding period a year ago to $0.335 million in the most recent fiscal period.

Key Tronic Corp

Key Tronic Corp's Revenue Skyrockets by 28.846% in the May-July 01, 2023 Period, Despite Dip in Profit



Key Tronic Corp, a leading semiconductors company, recently released its financial results for the May to July 01, 2023 period. Despite a decline in profit, the company experienced significant growth in revenue and income per share. This article examines the financial data and provides an overview of Key Tronic Corp's performance during this period.
Financial Highlights:
- Income per share increased by 7.08% to $0.10 per share compared to $0.09 a year ago.
- Profit plummeted by -46.49% to $0.18 per share from the preceding quarter.
- Revenue witnessed a rapid increase of 28.846% to $162.61 million from $126.21 million in the same quarter last year.
- Sequentially, revenue decreased by -1.18% from $164.55 million.
- Net profits for the period amounted to $1.062 million, reflecting a 9.71% increase from $0.968 million in the same period a year ago.







Key Tronic's Segments
Over-Time    93.18 % of total Revenue
Point-in-Time    6.82 % of total Revenue





Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com