secwatch.observer — SEC 8-K summary
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Issuer:     KEY TRONIC CORP (KTCC)
CIK:        0000719733
Form:       8-K
Filed at:   2025-02-04T23:59:59+00:00
Accession:  0000719733-25-000007
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Key Tronic Q2 FY2025 revenue $113.9M (-23% YoY); net loss $4.9M vs income $1.1M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/719733/000071973325000007/0000719733-25-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/719733/000071973325000007/ktcc-20250204.htm
  HTML page:      https://secwatch.observer/filing/0000719733-25-000007

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