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Stock impact report

Zacks Initiates Coverage of Key Tronic With Neutral Recommendation [Yahoo! Finance]

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: Yahoo! Finance
The report highlights the company's strategic position in the contract manufacturing sector, while acknowledging its strengths and challenges. Key Tronic, based in Spokane Valley, WA, has evolved significantly since its founding in 1969. Originally a manufacturer of computer keyboards, the company has transitioned into a comprehensive contract manufacturer. This transformation has allowed Key Tronic to offer a broad range of services, including electronic and mechanical engineering, precision plastic molding, sheet metal fabrication and printed circuit board assembly. The company's vertically integrated production capabilities and global footprint, with facilities in the United States, Mexico, China and Vietnam, are pivotal to its operations. In fiscal 2023, Key Tronic reported record net sales of $588.1 million, an 11% increase from the previous year, driven by new customer programs and increased demand from existing customers. KTCC's diverse revenue streams span the consumer, in Show less Read more
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