Kemet Corporation (KEM) Reports In-Line Q2 EPS

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Go back to Kemet Corporation (KEM) Reports In-Line Q2 EPS

KEMET Announces Second Quarter Results

November 11, 2019 5:30 PM EST

Second Quarter Highlights

Net sales of $327.4 million within the upper range of management's guidanceGAAP Gross margin of 34.7% up 220 basis points versus same quarter last yearGAAP EPS net loss of $0.26 per diluted share driven by one-time itemsNon-GAAP Adjusted EPS of $0.66 per diluted shareGAAP operating margin of 15.0% and non-GAAP Adjusted operating margin of 18.4%

FORT LAUDERDALE, Fla., Nov. 11, 2019 (GLOBE NEWSWIRE) -- KEMET Corporation (KEMET or the Company) (NYSE: KEM), a leading global supplier of passive... More