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Key Tronic: Fiscal 3Q Earnings Snapshot

SPOKANE VALLEY, Wash. (AP) _ Key Tronic Corp. (KTCC) on Tuesday reported a fiscal third-quarter loss of $12 million, after reporting a profit in the same period a year earlier.

The Spokane Valley, Washington-based company said it had a loss of $1.11 per share. Earnings, adjusted for asset impairment costs, came to 2 cents per share.

The electronic manufacturing services company posted revenue of $108 million in the period.

For the current quarter ending in June, Key Tronic said it expects revenue in the range of $112 million to $117 million.

Key Tronic shares have dropped 2% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $5.53, a decrease of 21% 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