KMG Chemicals (KMG) Tops Q3 EPS by 26c

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KMG Reports Third Quarter 2018 Financial Results

June 11, 2018 4:10 PM EDT

FORT WORTH, Texas, June 11, 2018 (GLOBE NEWSWIRE) -- KMG (NYSE: KMG), a global provider of specialty chemicals and performance materials, today announced financial results for the fiscal 2018 third quarter ended April 30, 2018.

2018 Third Quarter Financial Highlights

Sales increased 45% from the third quarter of last year to a record $118.6 million.GAAP diluted earnings per share doubled to $0.98 from $0.49 per diluted share in the third quarter of fiscal 2017.Adjusted diluted earnings per share1 was a record $1.10 compared to $0.53 per share reported in the third... More