Key Tronic Corp.
Spokane Valley contract manufacturer
Stock symbol: KTCC |
Reporting period: 2Q |
Earnings: Profit of $3.1 million, or 28 cents per share
Versus 2Q 2013: Profit of $3.6 million, or 33 cents per share |
Revenue: $78.3 million, down from $94.6 million in 2Q 2013 |
Analysis: CEO Craig Gates said the company is seeing reductions in orders from larger customers. For the first six months of fiscal year 2014, net income was $4.8 million, or 44 cents per share, compared to $7.3 million, or 67 cents per share, for the same period in 2013. |