---
schema_version: "secwatch.filing_event.v1"
accession: "0000719733-24-000013"
form_type: "8-K"
ticker: "KTCC"
cik: "0000719733"
company_name: "KEY TRONIC CORP"
filed_at: "2024-04-26T23:59:59+00:00"
generated_at: "2026-06-03T06:54:29.173970+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Key Tronic preliminary Q3 loss per share ($0.18-0.23) on $140M revenue; Q4 guidance $0.00-0.10 EPS

## Summary
- Preliminary Q3 revenue ~$140M (in line); net loss per share ($0.18)-($0.23) below expectations.
- Severance costs of $3.7M ($0.27/diluted share) from reducing workforce by 450+ in Mexico; expects >$10M annual savings.
- Severe winter weather in MS and AR knocked out ~2 weeks production, losing ~$1M contribution margin ($0.07/share).
- Mexican Peso strengthening ~5% added ~$1.5M expense ($0.11/share).
- Q4 FY2024 guidance: revenue $135M-$145M, EPS $0.00-$0.10; final Q3 results due May 7, 2024.

## SEC filing metadata
- accession: 0000719733-24-000013
- form_type: 8-K
- ticker: KTCC
- cik: 0000719733
- company_name: KEY TRONIC CORP
- filed_at: 2024-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/719733/000071973324000013/0000719733-24-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/719733/000071973324000013/ktcc-20240425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000719733-24-000013
- JSON: https://secwatch.observer/filing/0000719733-24-000013.json
- Plain text: https://secwatch.observer/filing/0000719733-24-000013.txt

## Key facts
- Earnings Releases
  KEY TRONIC CORP reported three months ended March 30, 2024 results: revenue approximately $140 million, EPS ($0.18) to ($0.23) per share.
  - Period: three months ended March 30, 2024
  - Revenue: approximately $140 million
  - EPS: ($0.18) to ($0.23) per share
  - Result: preliminary results
  source text: today announced its preliminary results for the three months ended March 30, 2024. For the third quarter of fiscal 2024, Key Tronic expects to report revenue of approximately $140 million, in line with revenue expectations, and a net loss of approximately ($0.18) to ($0.23) per share, which is below expectations. The lower than expected earnings are primarily a
  evidence_url: https://www.sec.gov/Archives/edgar/data/719733/000071973324000013/0000719733-24-000013-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.