Key Tronic (KTCC) Posts Break-Even Earnings, Y/Y Revenue Dip in Q4
KTCCKey Tronic(KTCC) ZACKS·2024-08-14 23:51

Key Tronic Corporation's (KTCC) fourth-quarter fiscal 2024 results reflected significant impacts of a cybersecurity incident that disrupted its operations, leading to mixed performance. The company faced notable challenges, including a sharp year-over-year decline in revenues and break-even earnings, stemming from its inability to fulfill orders during the quarter.However, strategic cost-cutting measures, including workforce reductions and favorable currency fluctuations, provided some relief. As the compan ...