Key Tronic (NASDAQ:KTCC) Announces Quarterly Earnings Results

Key Tronic (NASDAQ:KTCCGet Free Report) issued its quarterly earnings data on Thursday. The technology company reported ($0.26) EPS for the quarter, FiscalAI reports. Key Tronic had a negative return on equity of 6.42% and a negative net margin of 12.36%.The business had revenue of $102.03 million during the quarter.

Here are the key takeaways from Key Tronic’s conference call:

  • New program awards exceeded $60 million in Q4, including a $40 million–$45 million annual data-center opportunity in Mexico, a $15 million power-management program, and a $5 million–$10 million construction program. Management expects meaningful revenue contributions beginning in fiscal 2027.
  • Key Tronic completed its China manufacturing exit and shifted production to the U.S. and Vietnam, with approximately $4 million in expected annual fiscal 2027 savings. Vietnam revenue more than doubled sequentially in Q4, while Arkansas is expected to deliver double-digit revenue growth as programs ramp.
  • Liquidity and tighter supplier credit terms constrained production, forcing the company to delay approximately $10 million of shipments. Management is seeking additional financing and customer capital contributions, including potential collateralization of foreign assets, and did not provide fiscal Q1 2027 guidance.
  • Q4 revenue rose 14% sequentially to $102 million, but remained below the prior-year quarter, while the company reported a $34.3 million net loss. Results included an $8.4 million distressed-customer receivables write-off and a $28.4 million non-cash deferred-tax valuation allowance, although adjusted net loss improved year over year.

Key Tronic Stock Performance

NASDAQ:KTCC opened at $2.76 on Friday. The stock’s fifty day moving average is $3.93 and its 200 day moving average is $3.37. Key Tronic has a fifty-two week low of $2.40 and a fifty-two week high of $4.42. The firm has a market capitalization of $29.97 million, a PE ratio of -0.63 and a beta of 1.19. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.21 and a current ratio of 2.06.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Goldman Sachs Group Inc. raised its stake in shares of Key Tronic by 65.9% in the first quarter. Goldman Sachs Group Inc. now owns 23,480 shares of the technology company’s stock valued at $61,000 after acquiring an additional 9,327 shares during the period. Susquehanna International Group LLP bought a new stake in shares of Key Tronic in the 2nd quarter worth about $57,000. Bank of New York Mellon Corp purchased a new position in shares of Key Tronic during the 2nd quarter worth about $95,000. Moors & Cabot Inc. boosted its stake in shares of Key Tronic by 27.8% during the 3rd quarter. Moors & Cabot Inc. now owns 162,950 shares of the technology company’s stock worth $582,000 after purchasing an additional 35,400 shares during the period. Finally, BlackRock Inc. bought a new position in Key Tronic during the 2nd quarter valued at about $533,000. Institutional investors own 40.69% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Key Tronic in a report on Friday, July 17th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has an average rating of “Sell”.

Check Out Our Latest Analysis on KTCC

About Key Tronic

(Get Free Report)

Key Tronic Corporation (NASDAQ: KTCC) is a global electronics manufacturer headquartered in Spokane, Washington. The company specializes in the design, development and production of human-machine interfaces and input devices, with a core legacy in keyboard technology. Over more than five decades, Key Tronic has expanded its capabilities beyond keyboards to encompass a broad range of electronic assemblies for OEMs across computing, industrial, medical and consumer markets.

Key Tronic’s product portfolio includes membrane and mechanical keyboards, touch panels, silicone keypads and custom input solutions tailored to customer specifications.

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Earnings History for Key Tronic (NASDAQ:KTCC)

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