Key Technology (KTEC) Misses Q1 EPS by 11c

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Key Technology Announces Fiscal 2015 Second Quarter Financial Results

April 30, 2015 4:10 PM EDT

WALLA WALLA, Wash., April 30, 2015 (GLOBE NEWSWIRE) -- Key Technology, Inc. (Nasdaq: KTEC) announced today sales and operating results for its fiscal 2015 second quarter, ended March 31, 2015.

Second Quarter Overview

Net sales for the three months ended March 31, 2015 totaled $21.6 million, compared to $31.6 million recorded in the corresponding quarter last year. The Company reported a net loss for the quarter of $1.9 million, or $0.31 per diluted share, compared to a net loss of $0.7 million, or $0.11 per diluted share, in the same period a year ago.

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

Key Technology Announces Fiscal 2015 Second Quarter Financial Results

April 30, 2015 4:10 PM EDT

WALLA WALLA, Wash., April 30, 2015 (GLOBE NEWSWIRE) -- Key Technology, Inc. (Nasdaq: KTEC) announced today sales and operating results for its fiscal 2015 second quarter, ended March 31, 2015.

Second Quarter Overview

Net sales for the three months ended March 31, 2015 totaled $21.6 million, compared to $31.6 million recorded in the corresponding quarter last year. The Company reported a net loss for the quarter of $1.9 million, or $0.31 per diluted share, compared to a net loss of $0.7 million, or $0.11 per diluted share, in the same period a year ago.

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