logo
Share SHARE
FONT-SIZE Plus   Neg

Kemet Q4 Revenue View Unchanged - Quick Facts

Kemet Corp. (KEM) Thursday said it still anticipates fourth-quarter revenue of between $205 million and $210 million, lower than last year's $261.5 million. Analysts' consensus currently sees revenues of $205.60 million. Fourth-quarter results may be expected May 10, 2012.

Further, the company forecast adjusted EBITDA for the year ending March 31, 2012 in the range of $128 million to $132 million. For fiscal 2011, Kemet had reported adjusted EBITDA of $196.1 million.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Major League Baseball is talking expansion for the first time in a few decades. Owners stand to make a pretty penny from expansion fees and subsequent television rights. The possibility of a more balanced schedule is also enticing. Strong expansion candidates in the U.S. and Canada are ready... The New York Times is teaming up with Google again to give away Google Cardboard, the virtual reality headsets, but this time only to its "most loyal" digital subscribers. The company said that the digital-only subscribers selected for this distribution were chosen based on the duration of their subscriptions. Oil company Exxon Mobil Corp. on Friday reported a 63 percent fall in profit for the first quarter from last year, while Chevron Corp. reported a loss for the quarter, both on lower revenues. The results were impacted by the fall in crude oil prices and weaker refining margins. However, Exxon Mobil's earnings beat analysts' estimates, while Chevron's loss was wider than their expectations.
comments powered by Disqus
Follow RTT