SPOKANE, WA,  Jan. 31 -- Key Tronic Corp., a provider of electronic manufacturing services, today reported fiscal second-quarter revenue of $51.2 million, up 57% from a year ago and 5% sequentially.

For the quarter ended Jan. 1, the company had net income of $490,000, reversing a net loss of $287,000 last year. Net income was $266,000 last quarter.

First-sales are up 49% from 2004, while net income ($756,000) is up more than $1 million.

"We are pleased with our continued revenue and earnings growth in the second quarter," said Jack Oehlke, president and chief executive, in a statement. "Our growth was primarily driven by increased production on programs for established customers involving gaming technology and specialty printer accessories and components. During the quarter, we added to our printed circuit board capacity to address the needs of those customers."

Key Tronic expects third-quarter revenues to be flat to down 5% from the second quarter. New programs from consumer and medical technology customers that begin later this year should boost revenues, the firm said.

"We anticipate that our performance in the second half of fiscal 2005 will be roughly comparable to the first half," Oehlke said.

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