Key Tronic Corporation - KTCC
Key Tronic Corporation (KTCC), a provider of electronic manufacturing services (EMS), Wednesday announced revised guidance for the quarter ending December 26, 2009. For the second quarter of fiscal 2010, Key Tronic expects to report total revenue in the range of $42 million to $44 million, up from previous estimates of $38 million to $43 million. Net income for the second quarter of fiscal 2010 is expected to be in the range of $0.10 to $0.13 per share, up significantly from the previous estimate of $0.02 to $0.05 per share. The stock rose 30% and hit intraday highs of $3.70 on above average trading.
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