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Strattec Security ( (STRT) ) has shared an announcement.
On February 6, 2025, STRATTEC Security Corporation announced its fiscal second-quarter results for 2025, highlighting a revenue increase to $129.9 million driven by new program launches and customer demand. The company reported a net income of $1.3 million and significant cash generation from operations. The quarter also saw efforts in restructuring U.S. manufacturing operations and investments in talent and leadership to support strategic objectives, with a focus on profitability and market opportunities.
More about Strattec Security
STRATTEC Security Corporation is a leading global provider specializing in advanced automotive access, security, and authorization solutions, with a history of over 110 years. The company offers products such as door handles, lift gates, latches, and key fobs, serving a broad range of automotive OEMs worldwide.
YTD Price Performance: -11.34%
Average Trading Volume: 18,269
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $149.4M
For an in-depth examination of STRT stock, go to TipRanks’ Stock Analysis page.
