Key Technology (KTEC) Tops Q4 EPS by 2c

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Key Technology Announces Fiscal 2015 First Quarter Financial Results

January 29, 2015 4:10 PM EST

WALLA WALLA, Wash., Jan. 29, 2015 (GLOBE NEWSWIRE) -- Key Technology, Inc. (Nasdaq: KTEC) announced today sales and operating results for its fiscal 2015 first quarter, ended December 31, 2014.

First Quarter Overview

Net sales for the three months ended December 31, 2014 totaled $20.1 million, compared to $22.7 million recorded in the corresponding quarter last year. The Company reported a net loss for the quarter of $1.8 million, or $0.29 per diluted share, compared to a net loss of $2.6 million, or $0.42 per diluted share, in the same period a year ago.

The gross profit for the first quarter of fiscal... More