Kemet Corporation (KEM) Tops Q1 EPS by 8c

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Go back to Kemet Corporation (KEM) Tops Q1 EPS by 8c

KEMET Reports Preliminary Fiscal 2019 First Quarter Results

July 25, 2018 8:30 AM EDT

Increasing fiscal year annual forecast to a range of 11.0% to 13.0% revenue growth over prior fiscal yearQuarterly net sales of $327.6 million up 3.0% versus prior quarterTenth consecutive quarter over quarter revenue growthGAAP Gross margin of 28.9% up 180 basis points versus same quarter last yearGAAP EPS of $0.60 per diluted share and Non-GAAP Adjusted EPS of $0.55 per diluted share

FORT LAUDERDALE, Fla., July 25, 2018 (GLOBE NEWSWIRE) -- KEMET Corporation (KEMET or the Company)... More