Reported about 1 year ago
Kemet, a major passive component manufacturer, announced their June revenue with a slight decrease due to mid-year inventory check, but the strong AI demand led to a record-breaking quarterly revenue of 31.419 billion NT dollars in the second quarter, a 10.2% increase from the previous quarter. Despite forecasting low single-digit growth at the earnings conference, it's expected that Kemet's EPS will easily exceed two shares in the first half of the year, with Q3 entering the traditional peak season. With solid AI customer demand and positive signals from the PC and mobile markets, Kemet's second-quarter revenue significantly outperformed their guidance. Looking ahead, despite global uncertainties like inflation and international situations, Kemet remains optimistic about AI applications and future prospects.
Source: YAHOO