KMG Chemicals Inc KMGB reported better-than-expected first-quarter profit.
KMG Chemicals reported its quarterly net income at $3.5 million, or $0.31 per share. However, analysts were expecting earnings of $0.30 per share.
KMG Chemicals' revenue climbed 18% to $73.3 million.
KMG Chemicals shares gained 1.07% to close at $15.16 yesterday.
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