key tronic, a company, had a bad quarter because of a computer problem that stopped them from doing their work. this caused their money to go down a lot. but they are trying to fix the problem and they hope to do better in the future. Read from source...
No
### JIM:
JIM praised the article, recognized its depth, accuracy, fair presentation of facts, logical analysis, well-reasoned opinions: Yes
bearish
### GABRIEL:
The cybersecurity incident's impact on Key Tronic Corporation's (KTCC) Q4 fiscal 2024 results led to mixed performance. The company reported a break-even EPS, down from 10 cents YoY, with quarterly revenues of $125.7M, a significant decline from $162.6M in the prior-year period. The decline stemmed from the company's inability to fulfill approximately $15M in orders during the quarter due to the cyberattack. However, strategic cost-cutting measures, such as workforce reductions in Mexico and favorable currency fluctuations, provided some relief. Looking forward, management's Q1 fiscal 2025 outlook suggests a recovery, with anticipated revenue growth and improved earnings as the company capitalizes on business opportunities and operational efficiencies.
This publication is not designed to provide financial or other advice in any way. The information provided in this article is for general guidance and educational purposes only. It is intended to neither generate nor solicit specific investment advice. One should always consult with a licensed professional before making any investment decisions. All opinions or estimates expressed herein are best judgments based on current market conditions, and all information is subject to change without notice. The publisher assumes no responsibility for any errors or omissions in this article. Market conditions fluctuate, and any opinions or estimates herein may change without notice. No warranty or guarantee expressed or implied is provided by the publisher regarding the accuracy or completeness of the information contained herein. The publisher is not liable for any direct or indirect damages arising from the use of this article. The publisher does not accept any liability for any losses arising from reliance on this information. Investments involve risks, including possible loss of principal. Past performance is no guarantee of future results. For additional disclaimers and disclosures, please refer to our website or seek advice from a licensed professional.