Key Tronic Corp. (KTCC) reported second quarter net income of $0.30 per share after the close Tuesday, up from $0.17 per share last year. The company expects to report third quarter EPS of $0.30 to $0.35.
Key Tronic gapped open sharply Wednesday and climbed for the bulk of the afternoon. Shares finished up by 2.71 at $8.95 on the highest volume of the year. The stock has been rising for the past month and broke out to a new high for the year.
For comments and feedback: editorial@rttnews.com