January 29, 2014 in Business

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.

Thoughts and opinions on this story? Click here to comment >>

Get stories like this in a free daily email