Kemet Corporation (KEM) Tops Q4 EPS by 4c, Beats on Revenues

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Go back to Kemet Corporation (KEM) Tops Q4 EPS by 4c, Beats on Revenues

KEMET Reports Preliminary Fiscal Year and Fourth Quarter 2018 Results

May 17, 2018 8:00 AM EDT

Net Sales for the fiscal year of $1.2 billion up 58.3% over prior fiscal year 2017Gross Margin for fiscal year 2018 of 28.4% compared to 24.7% for the prior fiscal year 2017Net Sales for the quarter up 3.8% to $318.0 million compared to the prior quarter ended December 31, 2017Cash Balance at March 31, 2018 of $286.8 million up $177.1 million compared to prior year March 31, 2017

FORT LAUDERDALE, Fla., May 17, 2018 (GLOBE NEWSWIRE) -- KEMET Corporation (the Company) (NYSE: KEM), a leading global supplier of electronic components, today reported preliminary results for the fourth quarter... More