SPOKANE VALLEY, WA – Key Tronic announced preliminary revenue of $114 million for the second quarter of its fiscal year, which would represent a 26% year-over-year decrease.

The lower than anticipated revenue are primarily due to the impact from unexpected component shortages, lower-than-expected production during the holiday season, and reduced demand from certain customers which together lowered revenue by approximately $15 million for the quarter, the company said. The company plans to report its complete results and host its earnings conference call on Feb. 4

For the third quarter, Key Tronic expects revenue in the range of $115 million to $130 million.

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