Kemet Corporation (KEM) Tops Q2 EPS by 26c, Revenues Beat

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Go back to Kemet Corporation (KEM) Tops Q2 EPS by 26c, Revenues Beat

KEMET Reports Preliminary Fiscal 2019 Second Quarter Results

October 30, 2018 7:45 AM EDT

        Net sales of $349.2 million up 15.8% versus prior year second fiscal quarter         GAAP Diluted EPS up approximately 3X versus prior year second fiscal quarter         GAAP EPS of $0.63 per diluted share and Non-GAAP Adjusted EPS of $0.87 per diluted share         11th consecutive quarter over quarter revenue growth         GAAP Gross margin of 32.5% up 430 basis points versus same quarter prior year         Board approves instituting a quarterly dividend to shareholders of record as of November 16, 2018

FORT LAUDERDALE, Fla., Oct. 30, 2018 (GLOBE NEWSWIRE) -- KEMET Corporation (KEMET or the Company) (NYSE: KEM), a leading global supplier... More