Adjusted net loss for fiscal Q4 narrowed from prior year as gross margin improved
Company faced supply chain financing constraints, delaying $10 mln in shipments during quarter
Shares of the company were down about 17% in extended trading
Outlook
Key Tronic will not issue revenue or earnings guidance for Q1 fiscal 2027
Company expects continued revenue growth and a return to profitability in fiscal 2027
Company anticipates continued margin growth in coming quarters as revenue increases
Result drivers
Vietnam production surge - Co said revenue from Vietnam-based production more than doubled sequentially, driven by medical device and consumer products programs
Supply chain financing constraints - Co said tightening credit availability and liquidity pressures delayed about $10 mln in shipments and constrained production
Cost-cutting initiatives - Co attributed improved gross margin to operating efficiencies gained from cost-cutting initiatives over past two years
