secwatch.observer — SEC 8-K summary
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Issuer:     KEY TRONIC CORP (KTCC)
CIK:        0000719733
Form:       8-K
Filed at:   2023-08-15T23:59:59+00:00
Accession:  0000719733-23-000022
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Key Tronic posts record annual revenue of $588.1M, up 11%; EPS up 53%
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- Record annual revenue $588.1M, up 11% from $531.8M; net income $5.2M ($0.47 EPS) up 53%.
- Q4 revenue $162.6M up 29% YoY; net income $1.1M ($0.10 EPS).
- Gross margin Q4 8.5% vs 9.3% (impacted by Mexican Peso); operating margin improved to 2.6%.
- New program wins in clean energy, inventory control, distribution monitoring.
- Q1 FY2024 guidance: revenue $140-150M, EPS $0.05-$0.15; notes softening demand and customer production pause.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/719733/000071973323000022/0000719733-23-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/719733/000071973323000022/ktcc-20230815.htm
  HTML page:      https://secwatch.observer/filing/0000719733-23-000022

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