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

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KEMET Announces Fourth Quarter and Fiscal Year Results

May 14, 2020 8:00 AM EDT

FORT LAUDERDALE, Fla., May 14, 2020 (GLOBE NEWSWIRE) -- KEMET Corporation (the Company) (NYSE: KEM), a leading global supplier of electronic components, today reported preliminary results for the fourth quarter and fiscal year ended March 31, 2020.

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 diluted share

Full Year Highlights

Net... More