Key Tronic Corporation, doing business as KeyTronicEMS Co., provides electronic manufacturing services (EMS) and solutions to original equipment manufacturers in the United States and internationally. The company offers integrated electronic and mechanical engineering, assembly, sourcing and procurement, logistics, and new product testing services. Its services include product design; surface mount technologies and pin through hole capability for printed circuit board assembly; tool making; precision plastic molding; sheet metal fabrication and painting; liquid injection molding; complex assembly; automated tape winding; prototype design; and full product assembly services. The company also manufactures and sells keyboards and other input devices. It markets its products and services primarily through field sales people and distributors. Key Tronic Corporation was founded in 1969 and is headquartered in Spokane Valley, Washington.
IPO Year: 1983
Exchange: NASDAQ
Website: keytronic.com
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SPOKANE VALLEY, Wash., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Key Tronic Corporation (NASDAQ:KTCC), a provider of electronic manufacturing services (EMS), today announced its results for the quarter ended September 28, 2024. For the first quarter of fiscal year 2025, Key Tronic reported total revenue of $131.6 million, compared to $150.1 million in the same period of fiscal year 2024. Revenue in the first quarter of fiscal year 2025 was adversely impacted by customer-driven design and qualification delays of three programs that we believe impacted revenue by approximately $9 million. These delays have since been resolved on two of these programs and shipments have resumed in the second quart
SPOKANE VALLEY, Wash., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Key Tronic Corporation (NASDAQ:KTCC), announced today that it plans to report its results for the first quarter of fiscal 2025 after market close on November 5, 2024. Key Tronic will host a conference call to discuss its financial results at 2:00 PM Pacific (5:00 PM Eastern) on November 5, 2024. A broadcast of the conference call will be available at www.keytronic.com under "Investor Relations" or by calling 888-394-8218 or +1-313-209-4906 (Access Code: 7268667). A replay will be available at www.keytronic.com under "Investor Relations". About Key Tronic Key Tronic is a leading contract manufacturer offering value-added design and
SPOKANE VALLEY, Wash., Aug. 13, 2024 (GLOBE NEWSWIRE) -- Key Tronic Corporation (NASDAQ:KTCC), a provider of electronic manufacturing services (EMS), today announced its results for the quarter and fiscal year ended June 29, 2024. For the fourth quarter of fiscal year 2024, Key Tronic reported total revenue of $125.7 million, compared to $162.6 million in the same period of fiscal year 2023. For the full year of fiscal 2024, total revenue was $559.4 million, compared to $588.1 million for fiscal year 2023. As previously disclosed, a cybersecurity incident caused disruptions and limited access to portions of the Company's business applications supporting operations and corporate functions
SPOKANE VALLEY, Wash., Aug. 02, 2024 (GLOBE NEWSWIRE) -- Key Tronic Corporation (NASDAQ:KTCC), announced today that it plans to report its results for the fourth quarter and year-end of fiscal 2024 after market close on August 13, 2024. Key Tronic will host a conference call to discuss its financial results at 2:00 PM Pacific (5:00 PM Eastern) on August 13, 2024. A broadcast of the conference call will be available at www.keytronic.com under "Investor Relations" or by calling 888-394-8218 or +1-313-209-4906 (Access Code: 2512974). A replay will be available at www.keytronic.com under "Investor Relations". About Key Tronic Key Tronic is a leading contract manufacturer offerin
SPOKANE VALLEY, Wash., Aug. 02, 2024 (GLOBE NEWSWIRE) -- Key Tronic Corporation (NASDAQ:KTCC), a provider of electronic manufacturing services (EMS), today announced its preliminary results for the fourth quarter of fiscal year ended June 29, 2024. As previously disclosed, Key Tronic detected a cybersecurity incident on May 6, 2024 that caused disruptions and limited access to portions of the Company's business applications supporting operations and corporate functions, including financial and operating reporting systems, at its Mexico and U.S. sites during the fourth quarter of fiscal 2024. During the disruption of business, Key Tronic continued to pay wages in accordance with statutory
SPOKANE VALLEY, Wash., June 20, 2024 (GLOBE NEWSWIRE) -- Key Tronic Corporation (NASDAQ:KTCC) today announced that, in connection with the previously disclosed retirement of Craig D. Gates, the Company's President and Chief Executive Officer, Mr. Gates will transition to the role of technical advisor, effective June 30, 2024. In this role, Mr. Gates will provide technical advice to the Company and transition support to the Company's new President and Chief Executive Officer, Brett R. Larsen. Mr. Gates will also continue as a member of the Company's Board of Directors. Mr. Gates stated, "I am delighted to be able to support the Key Tronic team as a technical advisor. I intend to remain inv
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 dif
SPOKANE VALLEY, Wash., April 25, 2024 (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 30, 2024. For the third quarter of fiscal 2024, Key Tronic expects to report revenue of approximately $140 million, in line with revenue expectations, and a net loss of approximately ($0.18) to ($0.23) per share, which is below expectations. The lower than expected earnings are primarily a result of severance costs of approximately $3.7 million, or $0.27 per diluted share, as the Company reduced its workforce by over 450 employees in Mexico. Moreover, the severanc
SPOKANE VALLEY, Wash., April 25, 2024 (GLOBE NEWSWIRE) -- Key Tronic Corporation (NASDAQ:KTCC), announced today that it plans to report its results for the third quarter of fiscal 2024 after market close on May 7, 2024. Key Tronic will host a conference call to discuss its financial results at 2:00 PM Pacific (5:00 PM Eastern) on May 7, 2024. A broadcast of the conference call will be available at www.keytronic.com under "Investor Relations" or by calling 866-400-0049 or +1-313-209-4906 (Access Code: 8579827). A replay will be available at www.keytronic.com under "Investor Relations". About Key Tronic Key Tronic is a leading contract manufacturer offering value-added design and manufact
SPOKANE VALLEY, Wash., Feb. 06, 2024 (GLOBE NEWSWIRE) -- Key Tronic Corporation (NASDAQ:KTCC), a provider of electronic manufacturing services (EMS), today announced its results for the quarter ended December 30, 2023. For the second quarter of fiscal year 2024, Key Tronic reported total revenue of $145.4 million, up 18% from $123.7 million in the same period of fiscal year 2023. Revenue growth for the second quarter of fiscal year 2024 was driven by increased production at the Company's US-based and Vietnam-based facilities, as well as by the sale of approximately $8.1 million of inventory from a discontinued program. For the first six months of fiscal year 2024, total revenue was $293.2
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SPOKANE VALLEY, Wash., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Key Tronic Corporation (NASDAQ:KTCC), a provider of electronic manufacturing services (EMS), today announced its results for the quarter ended September 28, 2024. For the first quarter of fiscal year 2025, Key Tronic reported total revenue of $131.6 million, compared to $150.1 million in the same period of fiscal year 2024. Revenue in the first quarter of fiscal year 2025 was adversely impacted by customer-driven design and qualification delays of three programs that we believe impacted revenue by approximately $9 million. These delays have since been resolved on two of these programs and shipments have resumed in the second quart
SPOKANE VALLEY, Wash., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Key Tronic Corporation (NASDAQ:KTCC), announced today that it plans to report its results for the first quarter of fiscal 2025 after market close on November 5, 2024. Key Tronic will host a conference call to discuss its financial results at 2:00 PM Pacific (5:00 PM Eastern) on November 5, 2024. A broadcast of the conference call will be available at www.keytronic.com under "Investor Relations" or by calling 888-394-8218 or +1-313-209-4906 (Access Code: 7268667). A replay will be available at www.keytronic.com under "Investor Relations". About Key Tronic Key Tronic is a leading contract manufacturer offering value-added design and
SPOKANE VALLEY, Wash., Aug. 13, 2024 (GLOBE NEWSWIRE) -- Key Tronic Corporation (NASDAQ:KTCC), a provider of electronic manufacturing services (EMS), today announced its results for the quarter and fiscal year ended June 29, 2024. For the fourth quarter of fiscal year 2024, Key Tronic reported total revenue of $125.7 million, compared to $162.6 million in the same period of fiscal year 2023. For the full year of fiscal 2024, total revenue was $559.4 million, compared to $588.1 million for fiscal year 2023. As previously disclosed, a cybersecurity incident caused disruptions and limited access to portions of the Company's business applications supporting operations and corporate functions
SPOKANE VALLEY, Wash., Aug. 02, 2024 (GLOBE NEWSWIRE) -- Key Tronic Corporation (NASDAQ:KTCC), announced today that it plans to report its results for the fourth quarter and year-end of fiscal 2024 after market close on August 13, 2024. Key Tronic will host a conference call to discuss its financial results at 2:00 PM Pacific (5:00 PM Eastern) on August 13, 2024. A broadcast of the conference call will be available at www.keytronic.com under "Investor Relations" or by calling 888-394-8218 or +1-313-209-4906 (Access Code: 2512974). A replay will be available at www.keytronic.com under "Investor Relations". About Key Tronic Key Tronic is a leading contract manufacturer offerin
SPOKANE VALLEY, Wash., Aug. 02, 2024 (GLOBE NEWSWIRE) -- Key Tronic Corporation (NASDAQ:KTCC), a provider of electronic manufacturing services (EMS), today announced its preliminary results for the fourth quarter of fiscal year ended June 29, 2024. As previously disclosed, Key Tronic detected a cybersecurity incident on May 6, 2024 that caused disruptions and limited access to portions of the Company's business applications supporting operations and corporate functions, including financial and operating reporting systems, at its Mexico and U.S. sites during the fourth quarter of fiscal 2024. During the disruption of business, Key Tronic continued to pay wages in accordance with statutory
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 dif
SPOKANE VALLEY, Wash., April 25, 2024 (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 30, 2024. For the third quarter of fiscal 2024, Key Tronic expects to report revenue of approximately $140 million, in line with revenue expectations, and a net loss of approximately ($0.18) to ($0.23) per share, which is below expectations. The lower than expected earnings are primarily a result of severance costs of approximately $3.7 million, or $0.27 per diluted share, as the Company reduced its workforce by over 450 employees in Mexico. Moreover, the severanc
SPOKANE VALLEY, Wash., April 25, 2024 (GLOBE NEWSWIRE) -- Key Tronic Corporation (NASDAQ:KTCC), announced today that it plans to report its results for the third quarter of fiscal 2024 after market close on May 7, 2024. Key Tronic will host a conference call to discuss its financial results at 2:00 PM Pacific (5:00 PM Eastern) on May 7, 2024. A broadcast of the conference call will be available at www.keytronic.com under "Investor Relations" or by calling 866-400-0049 or +1-313-209-4906 (Access Code: 8579827). A replay will be available at www.keytronic.com under "Investor Relations". About Key Tronic Key Tronic is a leading contract manufacturer offering value-added design and manufact
SPOKANE VALLEY, Wash., Feb. 06, 2024 (GLOBE NEWSWIRE) -- Key Tronic Corporation (NASDAQ:KTCC), a provider of electronic manufacturing services (EMS), today announced its results for the quarter ended December 30, 2023. For the second quarter of fiscal year 2024, Key Tronic reported total revenue of $145.4 million, up 18% from $123.7 million in the same period of fiscal year 2023. Revenue growth for the second quarter of fiscal year 2024 was driven by increased production at the Company's US-based and Vietnam-based facilities, as well as by the sale of approximately $8.1 million of inventory from a discontinued program. For the first six months of fiscal year 2024, total revenue was $293.2
SPOKANE VALLEY, Wash., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Key Tronic Corporation (NASDAQ:KTCC), announced today that it plans to report its results for the second quarter of fiscal 2024 after market close on February 6, 2024. Keytronic will host a conference call to discuss its financial results at 2:00 PM Pacific (5:00 PM Eastern) on February 6, 2024. A broadcast of the conference call will be available at www.keytronic.com under "Investor Relations" or by calling 877-400-0505 or +1-323-701-0225 (Access Code: 5587222). A replay will be available at www.keytronic.com under "Investor Relations". About Keytronic Keytronic is a leading contract manufacturer offering value-added design and m
SPOKANE VALLEY, Wash., June 20, 2024 (GLOBE NEWSWIRE) -- Key Tronic Corporation (NASDAQ:KTCC) today announced that, in connection with the previously disclosed retirement of Craig D. Gates, the Company's President and Chief Executive Officer, Mr. Gates will transition to the role of technical advisor, effective June 30, 2024. In this role, Mr. Gates will provide technical advice to the Company and transition support to the Company's new President and Chief Executive Officer, Brett R. Larsen. Mr. Gates will also continue as a member of the Company's Board of Directors. Mr. Gates stated, "I am delighted to be able to support the Key Tronic team as a technical advisor. I intend to remain inv
President and Chief Executive Officer Craig D. Gates to retireBrett R. Larsen to be promoted immediately to Chief Operating Officer, and to President and Chief Executive Officer on June 30, 2024Anthony ("Tony") G. Voorhees to be promoted to Executive Vice President of Administration, Chief Financial Officer and Treasurer on June 30, 2024Chairman of the Board Patrick Sweeney retiring from the Board of Directors; continuing to serve the Company in an emeritus statusBoard Member Ronald F. Klawitter to act as Chairman of the BoardCheryl Berenak, founding member and CEO of Clearfield Communications, appointed as a new member of the Board SPOKANE VALLEY, Wash., Jan. 09, 2024 (GLOBE NEWSWIRE) --
BERKELEY, Calif., Dec. 08, 2022 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. ("Rigetti" or "the Company") (NASDAQ:RGTI), a pioneer in hybrid quantum-classical computing systems, today announced that Dr. Subodh Kulkarni will join the Company as President and Chief Executive Officer, effective December 12, 2022. Dr. Kulkarni succeeds Dr. Chad Rigetti in the CEO role, and the Company expects that Dr. Kulkarni will be appointed to its board of directors following Dr. Rigetti's previously announced departure from the Company's board of directors on December 15, 2022. Following the appointment of Dr. Kulkarni, Mr. Rick Danis, who held the interim CEO role during the transition period, will resume
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The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies. ` The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro. Here's the latest list of major oversold players in this sector, having an RSI near or below 30. Key Tronic Corporation (NASDAQ:KTCC) On June 20, Key Tronic announced a consulting arrangement with Craig D. Gat
Key Tronic (NASDAQ:KTCC) reported quarterly losses of $(0.21) per share. This is a 216.67 percent decrease over earnings of $0.18 per share from the same period last year. The company reported $140.53 million in sales this quarter. This is a 14.60 percent decrease over sales of $164.55 million the same period last year.
For the fourth quarter of fiscal 2024, the Company expects to report revenue in the range of $135 million to $145 million and earnings in the range of $0.00 to $0.10 per diluted share.The revenue and earnings estimates for the third and fourth quarters of fiscal 2024, and the finalization of financial results for the third quarter of 2024, are subject to completion of the Company's quarterly close and review procedures which are still ongoing. The Company plans to report its complete results and host its earnings conference call for the third quarter of fiscal 2024 on May 7, 2024. Details for the conference call have been announced in a separate press release.
Key Tronic Corporation (NASDAQ:KTCC), a provider of electronic manufacturing services (EMS), today announced its preliminary results for the three months ended March 30, 2024.For the third quarter of fiscal 2024, Key Tronic expects to report revenue of approximately $140 million, in line with revenue expectations, and a net loss of approximately ($0.18) to ($0.23) per share, which is below expectations.The lower than expected earnings are primarily a result of severance costs of approximately $3.7 million, or $0.27 per diluted share, as the Company reduced its workforce by over 450 employees in Mexico. Moreover, the severance costs were incurred late in the third quarter, which limited the p
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