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Market Overview

Recap: Haynes Intl Q1 Earnings

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Shares of Haynes Intl (NASDAQ:HAYN) rose in after-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share fell 350.00% year over year to ($0.65), which missed the estimate of ($0.53).

Revenue of $72,177,000 declined by 33.45% year over year, which missed the estimate of $73,730,000.

Guidance

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

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

Technicals

52-week high: $29.84

Company's 52-week low was at $15.29

Price action over last quarter: Up 2.34%

Company Profile

Haynes International Inc is a producer of high-performance nickel and cobalt-based alloys in flat product form such as sheet, coil, and plate forms. The company 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's products are used in aerospace, industrial gas turbine, chemical processing, and other industries. Geographically, it derives a majority of revenue from the United States and also has a presence in Europe; China, and other countries.

 

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Posted-In: BZI-RecapsEarnings