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KEMET Corp (KEM.N)

KEM.N on New York Stock Exchange

11.72USD
24 Mar 2017
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$0.11 (+0.95%)
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Latest Key Developments (Source: Significant Developments)

Kemet expects to achieve annual operating cost savings of about $3.5 to $4.0 mln
Tuesday, 11 Oct 2016 04:30pm EDT 

Kemet Corp : Announces additional gross margin improvement action . Says solid capacitors group will modify its vertical integration strategy by relocating its k-salt facility equipment to its existing Matamoros Mexico plant . Says expects to achieve annual operating cost savings of about $3.5 to $4.0 million . Says expects to improve annual working capital by about $8.0 million with improvements beginning in Q4 of fiscal year 2017 . Kemet corp sees non-cash impairment charges of about $2.1 million, cash severance charges of about $0.2 million, and cash charges for equipment relocation costs of about $1.2 million .Kemet corp - will incur charges in fiscal Q2 ending September 30, 2016, except equipment relocation costs that are expected to be incurred in Q3 of fiscal year 2017.  Full Article

Kemet reports preliminary Q1 loss per share $0.26
Thursday, 28 Jul 2016 08:00am EDT 

Kemet Corp : Kemet reports preliminary fiscal 2017 first quarter results . Qtrly loss per share $0.26 . Q1 adjusted earnings per share $0.06 . Q1 earnings per share view $0.05 -- Thomson Reuters I/B/E/S .Q1 sales $184.9 million versus I/B/E/S view $183.1 million.  Full Article

KEMET Corporation gives FY 2016 EBIT outlook
Tuesday, 5 May 2015 08:11am EDT 

KEMET Corporation:Expects improvement in adjusted operating income for FY 2016.FY 2016 EBIT of $67.8 million - Thomson Reuters I/B/E/S.  Full Article

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BRIEF-KEMET Corp Q2 GAAP loss per share $0.11

* KEMET reports preliminary fiscal 2017 second quarter results