earnings
confidence high
sentiment neutral
materiality 0.60
Key Tronic Q3 revenue up 3% to $138.4M; EPS $0.09; Q4 guidance $125-135M
KEY TRONIC CORP
2022-Q3 EPS reported
$0.22
revenue$405,609,000
- Revenue $138.4M (+3% YoY); net income $1.0M ($0.09 EPS) vs $0.9M ($0.08) prior year.
- Gross margin 8.3%, operating margin 2.0%; supply chain and Shanghai COVID shutdown constrained production.
- Legal costs from SEC whistleblower review $0.06/diluted share; expects similar pace ahead.
- Won new programs in outdoor, RFID, industrial connectivity, electric mobility; sees FY2023 growth.
- Q4 FY2022 guidance: revenue $125-135M, EPS $0.04-0.10 per diluted share.