Brief: Strattec Security Posts Q2 Adjusted Loss Per Share Of $0.10

Strattec Security

23/01/2020 21:17

Jan 23 (Reuters) - Strattec Security Corp  STRT.O :
    * ORATION REPORTS FISCAL 2020 SECOND QUARTER OPERATING
RESULTS
INCLUDING NON-CASH COMPENSATION EXPENSE CHARGE
    * Q2 ADJUSTED LOSS PER SHARE $0.10
    * Q2 LOSS PER SHARE $0.36
    * Q2 SALES FELL 5.8 PERCENT TO $106.3 MILLION
    * IMPACT OF RECENT GENERAL MOTORS UAW STRIKE REDUCED OUR
SALES IN
Q2 BY APPROXIMATELY $7 MILLION
    * STRATTEC SECURITY - SALES OUTLOOK FOR STRATTEC DURING
REMAINDER
OF OUR FISCAL 2020 IS ANTICIPATED TO BE STRONGER THAN FIRST SIX
MONTHS OF FISCAL 2020

Source text for Eikon:  ID:nGNX6Z5c0Y 
Further company coverage:  STRT.O 

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