KMG Chemicals (KMG) Tops Q3 EPS by 23c; Narrows FY15 Revenue Outlook

KMG Chemicals (NYSE: KMG) reported Q3 EPS of $0.35, $0.23 better than the analyst estimate of $0.12. Revenue for the quarter came in at $74 million versus the consensus estimate of $77.05 million.

KMG Chemicals sees FY2015 revenue of $315-325 million, versus the consensus of $325.5 million. We increase our fiscal 2015 adjusted EBITDA forecast to $35-37 million, from $34-36 million previously. The increase in our adjusted EBITDA forecast includes the addition of Val-Tex.

For earnings history and earnings-related data on KMG Chemicals (KMG) click here.

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