Kemet Corporation (KEM) Initiates $0.05 Quarterly Dividend; 1.1% Yield
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Kemet Corporation (KEM) Tops Q2 EPS by 26c, Revenues Beat
October 30, 2018 7:47 AM EDTKemet Corporation (NYSE: KEM) reported Q2 EPS of $0.87, $0.26 better than the analyst estimate of $0.61. Revenue for the quarter came in at $349.2 million versus the consensus estimate of $335.56 million.
Net sales of $349.2 million up 15.8% versus prior year second fiscal quarterGAAP Diluted EPS up approximately 3X versus prior year second fiscal quarterGAAP EPS of... MoreKemet Corporation (KEM) Enters Refinancing With Sumitomo Mitsui Trust Bank
October 29, 2018 8:01 AM EDTKEMET Corporation (NYSE: KEM), a leading global supplier of passive electronic components, announced today that TOKIN Corporation, a Japanese incorporated subsidiary of the Company (TOKIN), has entered into a new 33 billion Japanese Yen (approximately $296 million) Term Loan Facility to be funded by a syndicated bank group in Japan lead by Sumitomo Mitsui Trust Bank Limited (SMTB). The Company expects the closing and funding of the new Term Loan Facility, which is subject to customary terms and conditions, to occur on or around November 7, 2018.
We are delighted to find a partner like SMTB to... More
Kemet Corporation (KEM) Opening Delay, News Pending
October 29, 2018 7:55 AM EDTKemet Corporation (NYSE: KEM) Opening Delay, News Pending
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