MILWAUKEE (AP) _ Strattec Security Corp. (STRT) on Thursday reported a fiscal fourth-quarter loss of $62,000, after reporting a profit in the same period a year earlier.
On a per-share basis, the Milwaukee-based company said it had a loss of 2 cents. Earnings, adjusted for non-recurring costs, came to 73 cents per share.
The maker of automotive locks and keys posted revenue of $128.7 million in the period.
Strattec Security shares have dropped 26% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $21.32, a fall of 36% in the last 12 months.