Key Tronic Corp. (KTCC) Reports Third Quarter Earnings of 11 Cents per Diluted Share
Key Tronic Corp. (KTCC), a provider of electronic manufacturing services (EMS) to original equipment manufacturers (OEMs), reported solid third quarter earnings after the closing bell today. KTCC earned $1.2 million or 11 cents per diluted share, an increase of 57% year over year, on $51.5 million in revenues, a 9% increase over last year’s sales. The results exceed guidance previously issued by the company of 5-8 cents EPS on $49 - $51 million in sales. Additionally, the company offered guidance for the fourth quarter, predicting $50-$54 million in sales and 10-15 cents per share in earnings. President and Chief Executive…