The supplier of electronic components said net sales increased 8.2% to $215.8 million, from $199.5 million for the year ago quarter.
Nets sales for the 2014 fiscal year were $833.7 million versus $823.9 million from the fiscal year 2013.
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KEMET said non-U.S. adjusted net income improved to $0.4 million, or 1 cent per diluted share for the most recent quarter, compared to an adjusted net loss of -$8.3 million, or 18 cents per share from the 2014 fourth quarter.
For the fiscal year, the company reported a non-U.S. GAAP net loss from continuing operations was -$18.8 million, or 42 cents per basic and diluted share, compared to a net loss of -$23.2 million, or 51 cents per basic and diluted share for the 2013 fiscal year.
TheStreet Ratings team rates KEMET CORP as a Sell with a ratings score of D. TheStreet Ratings Team has this to say about their recommendation:
"We rate KEMET CORP (KEM) a SELL. This is driven by multiple weaknesses, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The company's weaknesses can be seen in multiple areas, such as its generally high debt management risk, disappointing return on equity, generally disappointing historical performance in the stock itself and poor profit margins."