Brief: Key Tronic Reports Q3 Loss Per Share $1.11

Key Tronic

30/04/2019 21:43

April 30 (Reuters) - Key Tronic Corp  KTCC.O :
    * ORATION ANNOUNCES RESULTS FOR THE THIRD QUARTER OF FISCAL
YEAR
2019
    * SEES Q4 2019 EARNINGS PER SHARE $0.10 TO $0.15
    * Q3 LOSS PER SHARE $1.11
    * SEES Q4 2019 REVENUE $112 MILLION TO $117 MILLION
    * Q3 REVENUE $108 MILLION VERSUS $108.4 MILLION
    * EXPECTING GROWTH IN REVENUE FOR Q4 AND FULL YEAR
    * EXCLUDING SOME CHARGES, QTRLY RESULTS WOULD HAVE BEEN
APPROXIMATELY NET INCOME OF $0.02 PER SHARE
    * REVENUE IN Q3 OF FISCAL 2019 WAS ADVERSELY IMPACTED BY
REDUCED
ORDERS FROM TWO LARGE, LONGSTANDING CUSTOMERS
    * THERE WERE UNANTICIPATED DELAYS IN LAUNCH OF PRODUCTION
FOR TWO
NEW CUSTOMERS IN Q3

Source text for Eikon:  ID:nGNX2yGkvT 
Further company coverage:  KTCC.O 

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