Key Tronic: Fiscal 2Q Earnings Snapshot
Tue., Jan. 29, 2019
Key Tronic Corp. (KTCC) on Tuesday reported its fiscal second-quarter net income of $1.6 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Spokane Valley-based company said it had profit of 15 cents. The electronic manufacturing services company posted revenue of $123 million in the period.
For the current quarter ending in April, Key Tronic offered guidance that foresees per-share earnings to range from 13 cents to 18 cents. The company said it expects revenue in the range of $120 million to $125 million for the fiscal third quarter.
Key Tronic shares have increased 19 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $6.71, a decline of slightly more than 4 percent in the last 12 months.
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