STRT Reports Strong Earnings in Fiscal Second Quarter

MILWAUKEE, Wis. -- Strattec Security Corp. (STRT) announced net income of $1.3 million for its fiscal second quarter on Thursday. The Milwaukee-based company reported earnings per share of 32 cents. Excluding one-time items, adjusted earnings stood at 65 cents per share.

STRT, which manufactures automotive locks and keys, generated revenue of $129.9 million during the quarter.