Key Technology (KTEC) Misses Q4 EPS by 25c
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Key Technology Announces Fiscal 2015 Financial Results and Highlights
November 12, 2015 4:10 PM ESTWALLA WALLA, Wash., Nov. 12, 2015 (GLOBE NEWSWIRE) -- Key Technology, Inc. (NASDAQ: KTEC) announced today sales and operating results for fiscal 2015 and the fourth quarter ended September 30, 2015.
Fiscal 2015
Net sales for fiscal 2015 were $102.9 million, a decrease of $15.3 million, or 13%, compared to the $118.3 million reported for fiscal 2014. The Company reported a net loss for fiscal 2015 of $5.0 million, or $0.80 per diluted share, compared to a net loss of $5.4 million, or $0.86 per diluted share, for fiscal 2014.
For the 2015 fiscal year, gross profit was $28.8 million, compared to $34.3 million for fiscal 2014, or 28.0% and 29.0%, respectively, of net... More
