secwatch.observer — SEC 8-K summary
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Issuer:     KEY TRONIC CORP (KTCC)
CIK:        0000719733
Form:       8-K
Filed at:   2025-11-04T23:59:59+00:00
Accession:  0000719733-25-000100
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Key Tronic Q1 FY2026 revenue drops 25% YoY to $98.8M; net loss $0.21/share
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- Revenue $98.8M vs $131.6M YoY; net loss $(2.3)M versus net income $1.1M last year.
- Adjusted net loss $(1.1)M or $(0.10) per share; adjusted net income was $2.8M a year ago.
- Gross margin 8.4% (up from 6.2% sequential) but down from 10.1% YoY; $1.6M charge from customer bankruptcy.
- Cash from operations $7.6M; debt reduced by ~$12M YoY; opened new facility in Springdale, Arkansas.
- Management cites customer demand reductions and program launch delays; long-term growth expected from near-shoring.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/719733/000071973325000100/0000719733-25-000100-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/719733/000071973325000100/ktcc-20251104.htm
  HTML page:      https://secwatch.observer/filing/0000719733-25-000100

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