Key Tronic Posts $0.69 Per-Share Loss in Fiscal Q1
KTCC is trading near its 52-week low of $2.04 (1.0% above the low).
Summary
Key Tronic reported a fiscal first-quarter loss of $7.5M, or $0.69 per share, per Dow Jones, as gross margin fell to 2.5% on sales of $98.7M. That follows a fiscal Q4 FY26 loss of $3.16 per share, which was driven largely by a $28.4M non-cash tax valuation allowance, and a full-year FY2026 net loss of $47.8M. The company is small and thinly traded, with the stock sitting near its 52-week low, so a fresh quarterly loss keeps pressure on the equity. The one offset in the story remains the 28% jump in backlog to $204.1M and the October letter of intent with TP-Link Systems to assemble routers in the U.S.
At the time of this announcement, KTCC was trading at $2.06 on NASDAQ in the Technology sector, with a market capitalization of approximately $22.8M. The 52-week trading range was $2.04 to $4.42. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.