Key Tronic (KTCC) Tops Q1 EPS by 2c

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Go back to Key Tronic (KTCC) Tops Q1 EPS by 2c

Key Tronic Corporation Announces Results for the First Quarter of Fiscal Year 2016

October 27, 2015 4:01 PM EDT

SPOKANE VALLEY, Wash., Oct. 27, 2015 (GLOBE NEWSWIRE) -- Key Tronic Corporation (Nasdaq: KTCC), a provider of electronic manufacturing services (EMS), today announced its results for the three months ended September 26, 2015.

For the first quarter of fiscal year 2016, Key Tronic reported total revenue of $126.2 million, up 46% from $86.3 million in the same period of fiscal year 2015. Results for the first quarters of fiscal years 2016 and 2015 included approximately $35 million and $11 million, respectively, in revenue from the acquisition of Ayrshire.

As previously announced, the Company had approximately $2.0 million of unanticipated expenses and erosion of... More