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KEMET Corp (KEM.N)

KEM.N on New York Stock Exchange

18.40USD
16 Feb 2018
Change (% chg)

$-0.02 (-0.11%)
Prev Close
$18.42
Open
$18.37
Day's High
$18.60
Day's Low
$18.20
Volume
197,811
Avg. Vol
508,838
52-wk High
$27.32
52-wk Low
$7.98

Latest Key Developments (Source: Significant Developments)

Kemet Announces Chinese Manufacturing Joint Venture
Thursday, 1 Feb 2018 07:55am EST 

Feb 1 (Reuters) - Kemet Corp ::KEMET ANNOUNCES CHINESE MANUFACTURING JOINT VENTURE.KEMET CORP - KEC AND JIANGHAI FILM WILL EACH PROVIDE INITIAL CAPITAL CONTRIBUTIONS OF $5 MILLION THROUGH A COMBINATION OF CASH AND MANUFACTURING EQUIPMENT.  Full Article

Kemet Announces Investment In Novasentis
Thursday, 1 Feb 2018 07:50am EST 

Feb 1 (Reuters) - Kemet Corp ::KEMET ANNOUNCES INVESTMENT IN NOVASENTIS.KEMET CORP - KEMET ELECTRONICS CORPORATION HAS INVESTED IN NOVASENTIS'S SERIES-D ROUND OF FUNDING.  Full Article

Kemet announces cost improvement actions
Thursday, 16 Nov 2017 08:00am EST 

Nov 16 (Reuters) - Kemet Corp :Kemet announces cost improvement actions.Kemet corp - ‍within Tokin legacy group, company will take a reduction in force across various internal operational and overhead functions​.Kemet Corp sees ‍annual savings of approximately $15 million by fiscal year 2021​.Kemet Corp sees ‍annual savings beginning April 1, 2018 of approximately $11 million​.Kemet - ‍Film and Electrolytic business group will take a voluntary reduction in force in its Italian operations.  Full Article

KEMET Corp says ‍within Tokin Legacy Group, co will take a reduction in force across various internal operational and overhead functions​
Thursday, 16 Nov 2017 06:46am EST 

Nov 16 (Reuters) - KEMET Corp :KEMET Corp - ‍within Tokin Legacy Group, co will take a reduction in force across various internal operational and overhead functions​.KEMET Corp says ‍will accrue about $5.3 million between current fiscal quarter and June 30, 2018 with savings expected to begin on April 1, 2018 - sec filing​.KEMET Corp - ‍total cost savings for next fiscal year from Tokin Legacy Group reduction​ is expected to be approximately $9.2 million.KEMET Corp - ‍solid capacitors business group to relocate tantalum powder facility equipment from Carson City, Nevada to existing Matamoros, Mexico Plant​.KEMET Corp - ‍film and electrolytic business group will take a voluntary reduction in force in its Italian operations​.KEMET Corp - ‍reduction in Italian operations will accrue about $5.0 million between current fiscal quarter & quarter ending March 31, 2018 based on reduction timing​.  Full Article

Kemet expects Q3 net sales to be within $288 mln-$300 mln range​
Monday, 6 Nov 2017 04:05pm EST 

Nov 6 (Reuters) - Kemet Corp :Kemet provides FY18 third quarter guidance; comments on recent trading activity.Kemet Corp - ‍for Q3, Kemet expects net sales to be within $288 million to $300 million range​.  Full Article

Kemet Corp reports qtrly GAAP EPS of $0.22 per diluted share‍​
Thursday, 2 Nov 2017 08:11am EDT 

Nov 2 (Reuters) - Kemet Corp :Kemet Corp - Qtrly GAAP EPS of $0.22 per diluted share‍​.Kemet Corp - Qtrly non-GAAP adjusted EPS of $0.45 per diluted share ‍​.Kemet Corp - ‍Net sales of $301.5 million for quarter ended Sept. 30, 2017 increased 10.0%, from net sales of $274.0 million for prior quarter ended June 30, 2017​.Q2 earnings per share view $0.45, revenue view $298.5 million -- Thomson Reuters I/B/E/S.  Full Article

Kemet reports preliminary Q2 2018 GAAP earnings per share $0.22
Thursday, 2 Nov 2017 08:00am EDT 

Nov 2 (Reuters) - Kemet Corp :Kemet reports preliminary fiscal 2018 second quarter results.Q2 adjusted non-GAAP earnings per share $0.45.Q2 GAAP earnings per share $0.22.Q2 sales $301.5 million versus I/B/E/S view $298.5 million.Q2 earnings per share view $0.45 -- Thomson Reuters I/B/E/S.  Full Article

KEMET CORP SAYS SECONDARY OFFERING OF 8.4 MLN SHARES OF COMMON STOCK​
Wednesday, 6 Sep 2017 04:58pm EDT 

Sept 6 (Reuters) - Kemet Corp ::KEMET CORPORATION ANNOUNCES SECONDARY OFFERING BY SELLING SECURITYHOLDER.KEMET CORP - ‍ANNOUNCED A PUBLIC SECONDARY OFFERING OF 8.4 MILLION SHARES OF ITS COMMON STOCK​.  Full Article

Kemet reports Q1 preliminary non-gaap earnings per share $0.33
Wednesday, 2 Aug 2017 08:00am EDT 

Aug 2 (Reuters) - Kemet Corp :Sees q2 2018 sales $295 million to $305 million.Kemet reports preliminary fiscal 2018 first quarter results.Q1 preliminary non-gaap earnings per share $0.33.Q1 preliminary gaap earnings per share $3.84.Q1 earnings per share view $0.20 -- Thomson Reuters I/B/E/S.Qtrly preliminary net sales $274.0 million versus $184.9 million.  Full Article

Kemet files for stock shelf of up to 8.42 mln common shares
Thursday, 20 Jul 2017 05:00pm EDT 

July 20 (Reuters) - Kemet Corp :Files for stock shelf of up to 8.42 million common shares - SEC filing.Kemet Corp says in stock shelf, all the shares offered by selling shareholders and co will not receive any proceeds from the offering.  Full Article

BRIEF-Kemet Q3 Adjusted Non-Gaap Earnings Per Share $0.52

* KEMET REPORTS PRELIMINARY FISCAL 2018 THIRD QUARTER RESULTS