KEMET Corp. (KEME.OB) Reports Revenue Increase of 15.4% during the Second Fiscal Quarter
KEMET Corp. has previewed results for the second fiscal quarter ended September 30, 2009. The company expects a revenue decrease of 26.2% vs. last year’s results at $173.3 million, and a sequential increase of 15.4% compared to the prior fiscal quarter ended June 30, 2009. The company reported a net loss of $93.1 million, or $(1.15) per share, for the second quarter compared to net loss of $85.1 million, or $(1.06) per share, for the same quarter last year and net income of $25.1 million, or $0.31 per share, for the prior quarter ended June 30, 2009. Kamet’s second quarter…