Kemet (KEM) PT Lowered to $24 at B.Riley/FBR

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Go back to Kemet (KEM) PT Lowered to $24 at B.Riley/FBR

KEMET Reports Preliminary Fiscal 2019 Third Quarter Results

January 31, 2019 8:01 AM EST

Net sales of $350.2 million up 14.2% versus prior year third fiscal quarterGAAP Diluted EPS up more than 100% versus prior year third fiscal quarterGAAP EPS of $0.69 per diluted share and Non-GAAP Adjusted EPS of $1.07 per diluted shareGAAP Gross margin of 35.3% up 520 basis points versus prior year third quarter

FORT LAUDERDALE, Fla., Jan. 31, 2019 (GLOBE NEWSWIRE) --  KEMET Corporation (KEMET or the Company) (NYSE: KEM), a leading global supplier of passive... More