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Key Technology reports 2Q loss

WALLA WALLA, Wash. (AP) _ Key Technology Inc. (KTEC) on Thursday reported a loss of $216,000 in its fiscal second quarter. The Walla Walla, Washington-based company said it had a loss of 3 cents per share. The automation systems manufacturer posted revenue of $27.4 million in the period. Key...

WALLA WALLA, Wash. (AP) _ Key Technology Inc. (KTEC) on Thursday reported a loss of $216,000 in its fiscal second quarter.

The Walla Walla, Washington-based company said it had a loss of 3 cents per share.

The automation systems manufacturer posted revenue of $27.4 million in the period.

Key Technology shares have risen 8.5 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $12.54, a rise of 50 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KTEC at https://www.zacks.com/ap/KTEC

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Keywords: Key Technology, Earnings Report