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Article: KEMET Reports Fourth Quarter and Fiscal Year 2009 Results.
- Article from:
- PR Newswire
- Article date:
- May 19, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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GREENVILLE, S.C., May 19 /PRNewswire-FirstCall/ --
Financial Highlights:
-- Net sales for the fourth quarter were $136 million and $804.4 million
for fiscal year 2009
-- Fourth Quarter GAAP net income (loss) per share of $0.06 compared to
$(0.14) for prior quarter ended December 31, 2008
-- Fourth Quarter Non-GAAP net income (loss) per share of $(0.23)
compared to $(0.06) for prior quarter ended December 31, 2008
-- SG&A expenses declined $7.8 million compared to quarter ended March
31, 2008 and $5.2 million versus fiscal year 2008
-- Cash balance increased $13.8 million during quarter ended March 31,
2009
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