KMG Chemicals (KMG) Tops Q1 EPS by 10c

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KMG Reports First Quarter 2016 Financial Results

December 10, 2015 4:15 PM EST

HOUSTON--(BUSINESS WIRE)-- KMG Chemicals, Inc. (NYSE: KMG), a global provider of specialty chemicals, today announced financial results for the fiscal 2016 first quarter ended October 31, 2015.

2016 First Quarter Financial Highlights

Adjusted EBITDA1 was a record $11.4 million, compared to $8.8 million in last years first quarter. Adjusted diluted earnings per share2 was a record $0.42, up from $0.24 per share in the prior years first quarter. GAAP EPS was $0.39 versus $0.10 in the first quarter of fiscal 2015.

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