Revenue Update on Key Tronic Corporation(NASDAQ:KTCC)

Key Tronic Corporation(NASDAQ:KTCC) announced the earnings results for Fiscal Year 2016 and Q4. The results came in during After-hours on Jul 26, 2016. Company reported revenue of $123.91M. Analysts estimated a revenue of $119.04M. Earnings per share were $0.20. Analysts had estimated an EPS of $0.18.

Key Tronic Corporation (KTCC) shares turned negative on Fridays trading session with the shares closing down -0.18 points or -2.33% at a volume of 28,083. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $7.95. The peak price level was also seen at $7.95 while the days lowest was $7.51. Finally the shares closed at $7.54. The 52-week high of the shares is $11.105 while the 52-week low is $6.0942. According to the latest information available, the market cap of the company is $81 M.

Key Tronic Corporation is engaged in providing electronic manufacturing services and solutions for original equipment manufacturers (OEMs). The Company also manufactures keyboards and other input devices. The Company provides engineering services procurement and distribution across the world materials management world-class manufacturing and assembly services in-house testing and unparalleled customer service. It provides a mix of manufacturing services for outsourced OEM products. The Company provides electronic manufacturing services (EMS) services such as product design surface mount technologies (SMT) and pin through hole capability for printed circuit board assembly tool making precision plastic molding sheet metal fabrication liquid injection molding complex assembly automated tape winding prototype design and full product assembly. Its subsidiaries include Key Tronic Juarez SA de CV and Key Tronic Computer Peripherals (Shanghai) Co. Ltd.

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