KEMET Announces Third Quarter Results

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Kemet Corporation (KEM) Tops Q3 EPS by 10c, Revenues Beat

February 6, 2020 8:06 AM EST

Kemet Corporation (NYSE: KEM) reported Q3 EPS of $0.46, $0.10 better than the analyst estimate of $0.36. Revenue for the quarter came in at $294.7 million versus the consensus estimate of $292.43 million.

Third Quarter Highlights

Net sales of $294.7 million within the upper range of Management's guidanceGAAP Gross margin of 31.6%GAAP EPS of $0.28 per diluted shareNon-GAAP Adjusted EPS of $0.46... More