Brief: Key Tronic says expects to report Q1 revenue of about $126 mln

Key Tronic

12/10/2015 14:00

Oct 12 (Reuters) - Key Tronic Corp  KTCC.O : 
 * Announces preliminary resultsfor the first quarter of fiscal 2016 
 * Says for the first quarter of fiscal 2016, Key Tronic expects to report 
   revenue of approximately $126 million 
 * Says expects earnings for the first quarter of fiscal 2016 in the range of 
   $0.06 to $0.08 per share 
 * Had approximately $2.0 million of unanticipated expenses and impact on gross 
   margin related to a single longstanding customer 
 * Sudden,unanticipated earnings impact from "the unusual volatility in demand 
   of a certain customer in the past quarter was disappointing" 
 * Says expect to see an increase in earnings in the second quarter 
 
 * Source text for Eikon  ID:nGNXMCVUDa  
 * Further company coverage  KTCC.O  ((Bengaluru Newsroom; +1 646 223 8780))