KEMET Corporation provided earnings guidance for the third quarter of 2019. The company expects revenue to decline in the range of 8.0% to 13.0% in its third quarter of 2019 from the current second quarter, however.

For the quarter ended September 30, 2019, the company reported unaudited consolidated loss on write down and disposal of long-lived assets of $59,000 against $312,000 a year ago.

At a meeting of the board of directors of the Company held on November 11, 2019, the Board approved and adopted the Second Amended and Restated By-laws of the Company, dated November 11, 2019 (the Amended By-laws"), which became effective immediately upon approval of the Board and which supersede and replace the existing by-laws of the Company. The Amended By-laws include a new Article IX containing a forum selection by-law.