Key Tronic Corporation (KTCC) Reports Fourth Quarter Earnings Well Above Guidance

 

Key Tronic Corporation (KTCC), a provider of electronic manufacturing services (EMS) to original equipment manufacturers (OEMs), reported fourth quarter and fiscal 2008 year-end financial results this afternoon after the closing bell. Revenues rose 17% for the quarter to $57.3 million, compared to $49.2 million in Q4 2007. Net income for the quarter was $2.6 million, or 25 cents per share, compared to $2.7 million, or 26 cents per share, in the prior year.