Market Overview

Recap: Haynes Intl Q4 Earnings

Share:

Shares of Haynes Intl (NASDAQ:HAYN) were flat after-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share were down 195.83% year over year to ($0.46), which beat the estimate of ($0.70).

Revenue of $79,938,000 declined by 38.34% year over year, which beat the estimate of $76,620,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Haynes Intl hasn't issued any revenue guidance for the time being.

Price Action

52-week high: $39.04

Company's 52-week low was at $15.29

Price action over last quarter: Up 15.20%

Company Description

Haynes International Inc is a United-States based producer of high-performance nickel and cobalt-based alloys in flat product form such as sheet, coil and plate forms. It is focused on developing, manufacturing, marketing and distributing technologically advanced, high-performance alloys. Its products consist of high-temperature resistant alloys (HTA's) and corrosion-resistant alloys (CRA's). The company has manufacturing facilities in Kokomo, Indiana; Arcadia, Louisiana; and Mountain Home, North Carolina. It generates a vast majority of revenues from the sales of HTA's within the United States.

 

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Posted-In: Earnings