Key Tronic Corp.
Spokane Valley contract manufacturer
| Stock symbol: KTCC |
| Reporting period: 1Q |
| Earnings:
Profit of $1.7 million 16 cents per share
Versus 1Q 2013 Profit of $3.7 million 35 cents per share |
| Revenue: Quarterly revenue was $78 million, compared with $97.5 million one year earlier. |
| Analysis: CEO Craig Gates said performance was impacted by reduced orders from the company’s larger customers. The largest customer last fiscal quarter amounted to 23 percent of sales. By the fourth quarter this year, the top customer will have contributed 15 percent of total revenue, he said. |