Key Technology (KTEC) Posts Q3 Loss of 32c/Share
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Key Technology Announces Fiscal 2014 Third Quarter Financial Results
July 24, 2014 4:10 PM EDTWALLA WALLA, Wash., July 24, 2014 (GLOBE NEWSWIRE) -- Key Technology, Inc. (Nasdaq: KTEC) announced today sales and operating results for its fiscal 2014 third quarter, ended June 30, 2014.
Third Quarter
Net sales for the three months ended June 30, 2014 totaled $31.3 million, compared to $39.4 million recorded in the corresponding quarter last year. The Company reported a net loss for the quarter of $2.0 million, or $0.32 per diluted share, compared to net earnings of $1.4 million, or $0.23 per diluted share, in the same period a year ago.
The gross profit for the third quarter of fiscal 2014 was... More
