Keithley Instruments announced results for its fourth quarter and year that ended September 2008. Net sales of $33.1 million for the fourth quarter of fiscal 2008 decreased nine percent from the prior year’s fourth quarter sales of $36.3 million. The effect of a weaker U.S. dollar positively impacted sales growth by approximately three percentage points. Sequentially, sales decreased 19 percent from the third quarter of fiscal 2008. The Company reported a net loss of $4.6 million, for the fourth quarter of fiscal 2008 compared to a net loss of $0.9 million, during last year’s fourth quarter.

Net sales for fiscal 2008 were $152.5 million, an increase of six percent from $143.7 million in fiscal 2007. The effect of a weaker U.S. dollar positively impacted sales growth by approximately four percentage points. The net loss for fiscal 2008 was $2.6 million, compared with a net loss of $0.3 million, in fiscal 2007.