Key Tronic reports net income increase for its fourth quarter

Spokane Valley-based Key Tronic Corp. reported an increase in net income during the company’s fourth fiscal quarter.

Key Tronic reported net income of $800,000, or 8 cents per share, in its fourth fiscal quarter ended June 29, compared to a net loss of $2.2 million, or 20 cents per share, during the company’s fourth fiscal quarter last year.

Key Tronic reported $464 million in revenue for the company’s fiscal year, a 4% increase from $446.3 million in its previous fiscal year.

Key Tronic is a contract manufacturer with facilities in the United States, Mexico, China and Vietnam.