Key Tronic posts Q1 net loss impacted by reduced demand and delays

Reuters

Nov 05

<a href="https://laohu8.com/S/KTCC">Key Tronic</a> posts Q1 net loss impacted by reduced demand and delays

Overview

Key Tronic fiscal Q1 2026 revenue fell to $98.8 mln, impacted by reduced demand and delays
Net loss for fiscal Q1 2026 was $2.3 mln, compared to net income of $1.1 mln last year
Gross margin increased sequentially to 8.4% due to operational efficiencies

Outlook

Key Tronic will not issue revenue or earnings guidance for Q2 FY2026 due to tariff uncertainties
Company expects half of manufacturing in US and Vietnam by end of FY2026
Key Tronic anticipates return to profitability by end of FY2026

Result Drivers

DEMAND REDUCTION - Revenue impacted by reduced demand from a longstanding customer and delays in new program launches due to global economic uncertainties
CONSIGNED MATERIALS PROGRAM - Company ramping a consigned materials program, expected to result in lower revenue but higher gross margins
OPERATIONAL EFFICIENCIES - Sequential increase in gross margin attributed to operational efficiencies from workforce reductions

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q1 Sales		$98.75 mln
Q1 EPS		-$0.21
Q1 Net Income		-$2.3 mln
Q1 Gross Margin		8.40%
Q1 Basic EPS		-$0.21
Q1 Pretax Profit		-$3.36 mln

Press Release: ID:nGNX8tb93W

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Key Tronic posts Q1 net loss impacted by reduced demand and delays</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"KTCC","symbol_name":"Key Tronic Corporation","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251104:nL1N3WG1DQ:1","article_id":"2581761078","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2581761078","pubTimestamp":1762290808,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Key Tronic posts Q1 net loss impacted by reduced demand and delaysOverviewKey Tronic fiscal Q1 2026 revenue fell to $98.8 mln, impacted by reduced demand and delaysNet loss for fiscal Q1 2026 was $2.3","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"KTCC":"Key Tronic Corporation","BK4145":"电子制造服务"},"translate_title":"受需求减少和延误影响，Key Tronic第一季度净亏损","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"KTCC":0.9},"content_text":"Key Tronic posts Q1 net loss impacted by reduced demand and delaysOverviewKey Tronic fiscal Q1 2026 revenue fell to $98.8 mln, impacted by reduced demand and delaysNet loss for fiscal Q1 2026 was $2.3 mln, compared to net income of $1.1 mln last yearGross margin increased sequentially to 8.4% due to operational efficienciesOutlookKey Tronic will not issue revenue or earnings guidance for Q2 FY2026 due to tariff uncertaintiesCompany expects half of manufacturing in US and Vietnam by end of FY2026Key Tronic anticipates return to profitability by end of FY2026Result DriversDEMAND REDUCTION - Revenue impacted by reduced demand from a longstanding customer and delays in new program launches due to global economic uncertaintiesCONSIGNED MATERIALS PROGRAM - Company ramping a consigned materials program, expected to result in lower revenue but higher gross marginsOPERATIONAL EFFICIENCIES - Sequential increase in gross margin attributed to operational efficiencies from workforce reductionsKey DetailsMetricBeat/MissActualConsensus EstimateQ1 Sales$98.75 mlnQ1 EPS-$0.21Q1 Net Income-$2.3 mlnQ1 Gross Margin8.40%Q1 Basic EPS-$0.21Q1 Pretax Profit-$3.36 mlnPress Release: ID:nGNX8tb93WFor questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}