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Article: Key Technology Reduces Loss On Lower Q1 Revenues; Domestic Orders Up 29% and Credit Facility Refinanced.
- Article from:
- Business Wire
- Article date:
- January 24, 2002
CopyrightCOPYRIGHT 2002 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors
WALLA WALLA, Wash.--(BUSINESS WIRE)--Jan. 24, 2002
Key Technology, Inc. (Nasdaq:KTEC) today announced sales and operating results for the first fiscal quarter of 2002 ended December 31, 2001.
Sales for the three-month period ended December 31, 2001 totaled $13.9 million, compared with $18.8 million in the same quarter last year. The Company reported a net loss from continuing operations of $323,000, or $0.11 per common share, for the most recent quarter compared to a net loss from continuing operations of $391,000, or $0.13 per common share, in the corresponding quarter last year. The net loss reported from all operations for ...