Key Tronic: Fiscal 2Q Earnings Snapshot

Key Tronic: Fiscal 2Q Earnings Snapshot

In this article:

SPOKANE VALLEY, Wash. (AP) _ Key Tronic Corp. (KTCC) on Tuesday reported fiscal second-quarter net income of $1.6 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Spokane Valley, Washington-based company said it had profit of 15 cents.

The electronic manufacturing services company posted revenue of $123 million in the period.

For the current quarter ending in April, Key Tronic expects its per-share earnings to range from 13 cents to 18 cents.

The company said it expects revenue in the range of $120 million to $125 million for the fiscal third quarter.

Key Tronic shares have increased 19 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $6.71, a decline of slightly more than 4 percent in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KTCC at https://www.zacks.com/ap/KTCC

Advertisement