secwatch.observer — SEC 8-K summary
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Issuer:     KEY TRONIC CORP (KTCC)
CIK:        0000719733
Form:       8-K
Filed at:   2022-11-01T23:59:59+00:00
Accession:  0000719733-22-000067
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Key Tronic Q1 FY2023 revenue up 3% YoY to $137.3M, EPS $0.11; guides Q2 revenue $140-150M
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- Revenue $137.3M (+3% YoY); net income $1.2M ($0.11 EPS) vs $0.8M ($0.07) YoY.
- Gross margin 7.6% flat YoY; operating margin improved to 2.4% from 1.6%.
- New program wins in audio, automation, EV, and power distribution; Mexico facility ramping for outdoor power equipment.
- Arkansas storm damage reduced revenue and gross profit; initial insurance proceeds received.
- Q2 FY2023 guidance: revenue $140-150M, EPS $0.13-$0.18.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/719733/000071973322000067/0000719733-22-000067-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/719733/000071973322000067/ktcc-20221101.htm
  HTML page:      https://secwatch.observer/filing/0000719733-22-000067

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer