Key Tronic Corp. reported unaudited consolidated earnings results for the second quarter and six months ended December 31, 2011. For the quarter, the company reported total revenue was $84.5 million, up 38% from $61.0 million in the same period of fiscal 2011. Net income for the second quarter of fiscal 2012 was $3.2 million or $0.30 per diluted share, up 83% from $1.7 million or $0.17 per diluted share for the same period of fiscal 2011. Net income per diluted share for the second quarter of fiscal 2012 included $0.11 for research and development tax credits. Operating income was $2.795 million against $1.715 million a year ago. Income before income taxes was $2.671 million against $1.640 million a year ago. Capital expenditures were approximately $2.8 million, which includes the purchase of another manufacturing facility in Juarez, Mexico. For the first six months of fiscal 2012, total revenue was $154.2 million, up 24% from $124.4 million in the same period of fiscal 2011. For the first six months of fiscal 2012, net income was $4.4 million or $0.42 per diluted share, up 27% from $3.5 million or $0.33 per diluted share for the same period of fiscal 2011. Operating income was $4.410 million against $4.339 million a year ago. Income before income taxes was $4.183 million against $4.192 million a year ago. For the third quarter of fiscal 2012, the company expects to report revenue in the range of $92 million to $97 million, and earnings in the range of $0.30 to $0.35 per diluted share. The expected earnings range assumes an effective tax rate of 30%. The company expects capex to be about $5 million for fiscal 2012, which is comparable to fiscal 2011.