KMG Chemicals (KMG) Tops Q2 EPS by 5c

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KMG Reports Second Quarter 2016 Financial Results

March 10, 2016 4:10 PM EST

FORT WORTH, Texas--(BUSINESS WIRE)-- KMG (NYSE: KMG), a global provider of specialty chemicals, today announced financial results for the fiscal 2016 second quarter ended January 31, 2016.

2016 Second Quarter Financial Highlights

Adjusted EBITDA1 increased to $11.0 million, up from $9.0 million in last years second quarter. Adjusted diluted earnings per share2 was $0.40 vs. $0.30 per share reported in the prior years second quarter. GAAP diluted earnings per share was $0.33 vs. $0.47 per share in the second quarter of fiscal... More