Cabot Microelectronics (CCMP) Tops Q4 EPS by 5c

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Cabot Microelectronics Corporation Reports Record Revenue for Fourth Quarter and Full Fiscal Year 2019

November 17, 2019 7:00 PM EST

Fourth Fiscal Quarter

Record Revenue of $278.6 Million, $121.9 Million, or 77.8% Higher Than Last Year; Pro Forma Revenue was Essentially Flat Compared with Last Year1 Net Loss of $20.2 Million, $68.5 Million Lower Than Last Year; Adjusted Pro Forma Net Income of $49.8 Million, $1.1 Million, or 2.2% Lower Than Last Year1 Reported Net Loss Includes a Non-Cash Impairment Charge of $67.4 Million2, or $50.3 Million After Tax, Associated with Managements Decision to Cease Future Investments in KMG-Bernuth Wood Treatment Business Loss Per Share of $0.70, $2.54 Lower Than Last Year;... More