KEMET Announces Fourth Quarter and Fiscal Year Results

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Kemet Corporation (KEM) Tops Q4 EPS by 20c, Revenues Beat

May 14, 2020 8:05 AM EDT

Kemet Corporation (NYSE: KEM) reported Q4 EPS of $0.37, $0.20 better than the analyst estimate of $0.17. Revenue for the quarter came in at $293.2 million versus the consensus estimate of $264.25 million.

Fourth Quarter Highlights

Net sales of $293.2 millionGAAP gross margin of 31.4% and non-GAAP adjusted gross margin of 31.9%GAAP EPS net loss of $0.01 per diluted shareNon-GAAP adjusted EPS of $0.37 per... More