Key Tronic posts Q1 net loss impacted by reduced demand and delays
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Key Tronic reported a net loss of $2.3 million for Q1 2026, down from a net income of $1.1 million last year, with revenues falling to $98.8 million due to reduced demand and delays. The gross margin improved to 8.4% due to operational efficiencies. The company will not provide guidance for Q2 FY2026 amid tariff uncertainties and expects to shift half of its manufacturing to the US and Vietnam by the end of FY2026, aiming for profitability by that time.
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