Printer Friendly

KEY TRONIC CORP. REPORTS THIRD-QUARTER EARNINGS

 KEY TRONIC CORP. REPORTS THIRD-QUARTER EARNINGS
 SPOKANE, Wash., April 27 /PRNewswire/ -- Key Tronic Corp.


(NASDAQ-NMS: KTCC), the Spokane-based manufacturer of computer keyboards and other input devices, today announced results of its third quarter of fiscal 1992. For the quarter, net income of $463,000 (6 cents per share) was reported on net sales of $37.1 million. This compares to a net loss of $1.7 million (22 cents per share) on sales of $41.5 million for the third quarter of the prior year.
 For the three quarters of the fiscal year, Key Tronic has recorded a net loss of $2.3 million (29 cents per share) on sales of $92.1 million compared to a loss of $113,000 (1 cent per share) on sales of $112.2 million during the same three quarters of the prior year. The current year loss is attributable to a loss of $3.0 million incurred in its first fiscal quarter.
 KEY TRONIC CORP.
 FINANCIAL HIGHLIGHTS
 (In thousands, except shares and per-share amounts)
 Third quarter Ended Three Quarters Ended
 04/04/92 04/06/91 04/04/92 04/06/91
 Net sales $37,102 $41,503 $92,097 $112,242
 Net income (loss) 463 (1,698) (2,263) (113)
 Per share (loss) $ 0.06 $ (0.22) $ (0.29) $ (0.01)
 Weighted average
 shares
 outstanding 7,737,388 7,735,720 7,736,387 7,735,720
 -0- 4/27/92
 /CONTACT: Steven P. Benner of Key Tronic, 509-928-8000/
 (KTCC) CO: Key Tronic Corp. ST: Washington IN: CPR SU: ERN


JH-LM -- SE007 -- 3166 04/27/92 12:33 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Apr 27, 1992
Words:267
Previous Article:HAKO MINUTEMAN REPORTS FIRST QUARTER RESULTS; DECLARES DIVIDEND
Next Article:EVRO FINANCIAL ANNOUNCES WITHDRAWAL FROM LETTER OF INTENT


Related Articles
KEY TRONIC CORP. REPORTS EARNINGS
KEY TRONIC APPOINTS MARKETING MANAGEMENT
NEW KEY TRONIC MANAGEMENT REPORTS FISCAL YEAR RESULTS
KEY TRONIC EARNINGS AND SALES GAIN IN FIRST QUARTER FY93
KEY TRONIC EARNINGS AND SALES GAIN IN SECOND QUARTER FY93
KEY TRONIC EARNINGS AND MARGINS CONTINUE ADVANCE
KEY TRONIC FISCAL 1993 EARNINGS HIGHEST IN NINE YEARS
KEY TRONIC FIRST QUARTER OPERATING LOSS, OFFSET BY TAX BENEFITS
KEY TRONIC EXPECTS TO REPORT OPERATING LOSS FOR FIRST QUARTER
KEY TRONIC REPORTS SECOND QUARTER LOSS WITH RISING PRODUCT VOLUME AND BACKLOG

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters