August 21, 2013 in Business

Key Tronic Corp.

Spokane Valley contract manufacturer
 
Stock symbol: KTCC
Reporting period:4Q
Earnings:

$2.4 million

22 cents per share

Versus 4Q 2012:

$3.8 million

35 cents per share

Revenue: $84.6 million for fourth quarter and $361 million for fiscal 2013. Fourth-quarter 2012 revenue was $96.7 million. Fiscal 2012 revenue: $346 million.
Analysis: Key Tronic turned in record annual earnings and revenue. CEO Craig Gates said, “Our revenue in the second half was primarily impacted by the anticipated slowdown from a large customer.” For first-quarter 2014, Gates said, the company expects revenue of $73 million to $78 million.

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