earnings
confidence high
sentiment negative
materiality 0.75
Key Tronic Q2 FY2025 revenue $113.9M (-23% YoY); net loss $4.9M vs income $1.1M
KEY TRONIC CORP
2025-Q2 EPS reported
-$0.35
revenue$245,411,000
- Revenue $113.9M, down 23% from $147.8M in Q2 FY2024; first-half revenue $245.4M vs $298.0M.
- Net loss $(4.9)M ($(0.46)/share) vs net income $1.1M ($0.10/share) a year ago; adjusted net loss $(4.1)M ($(0.38)/share).
- Gross margin fell to 6.8% from 8.0%; operating margin negative (1.0%) vs positive 2.7% prior year.
- Miss attributed to component shortages managed by large customer, holiday production lull, and demand reductions totaling ~$15M from initial guidance.
- Interest expense included $1.0M write-off of unamortized loan fees from debt refinancing; company pursuing new program wins and cost reductions.