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0.00206878717351944 0.0634859063873803 0.179855184897854 0.245636152055857 0.422291181794673 0.422291181794673 0.422291181794673 0.422291181794673
Stock impact report

KEY TRONIC CORPORATION ANNOUNCES PRELIMINARY RESULTS FOR THE THIRD QUARTER OF FISCAL 2020

Key Tronic Corporation (KTCC) 
Last key tronic corporation earnings: 4/28 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: keytronic.com/home/investor-relations
Company Research Source: GlobeNewswire
SPOKANE VALLEY, Wash., April 09, 2020 (GLOBE NEWSWIRE) -- Key Tronic Corporation (Nasdaq: KTCC), a provider of electronic manufacturing services (EMS), today announced its preliminary results for the three months ended March 28, 2020. For the third quarter of fiscal 2020, Key Tronic expects to report revenue of approximately $111 million and earnings of approximately $0.07 to $0.09 per share.   The lower than anticipated revenue and earnings for the third quarter of fiscal 2020 are primarily a result of disruptions to supply chains in China caused by the COVID-19 crisis, which delayed the arrival of key components.  In addition, earnings in the third quarter of 2020 were impacted by a write down of $0.6 million of receivables from an already struggling customer that was impacted by the pandemic, decreasing our earnings per share by approximately $0.04 per share. Despite the COVID-19 crisis, demand from many customers has remained strong and some customers have significantly incre Show less Read more
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