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0.015045871559633 0.015045871559633 0.0378440366972477 0.0458715596330276 0.0527522935779815 0.0527522935779815 0.0550458715596331 0.0550458715596331
Stock impact report

Key Tronic Corporation Announces Results For the Third Quarter of Fiscal Year 2024

Key Tronic Corporation (KTCC) 
Last key tronic corporation earnings: 4/28 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: keytronic.com/home/investor-relations
Company Research Source: GlobeNewswire
SPOKANE VALLEY, Wash., May 07, 2024 (GLOBE NEWSWIRE) -- Key Tronic Corporation (Nasdaq: KTCC), a provider of electronic manufacturing services (EMS), today announced its results for the quarter ended March 30, 2024. For the third quarter of fiscal year 2024, Key Tronic reported total revenue of $140.5 million, compared to $164.6 million in the same period of fiscal year 2023. As previously announced, revenue for the third quarter of fiscal year 2024 was constrained by approximately $5 million due to severe winter weather events that took Key Tronic’s facilities in Mississippi and Arkansas offline for approximately two weeks. In addition, the Company saw softening demand for a number of different programs produced in Mexico. For the first nine months of fiscal year 2024, total revenue was $433.7 million, compared to $425.5 million in the same period of fiscal year 2023. For the third quarter of fiscal year 2024, the Company’s margins and profitability were significantly impacted by Show less Read more
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