Strattec Security posts 2Q profit
Strattec Security posts second-quarter profit of $398,000
MILWAUKEE (AP) _ Strattec Security Corp. (STRT) on Thursday reported fiscal second-quarter earnings of $398,000.
On a per-share basis, the Milwaukee-based company said it had net income of 11 cents.
The maker of automotive locks and keys posted revenue of $98.9 million in the period.
Strattec Security shares have fallen almost 2 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $39.65, a drop of 19 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on STRT at https://www.zacks.com/ap/STRT
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Keywords: Strattec Security, Earnings Report