Hardinge (HDNG) Names New Board Member
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Hardinge Inc. Appoints Ryan Levenson to Board of Directors
November 3, 2016 12:09 PM EDTELMIRA, N.Y., Nov. 03, 2016 (GLOBE NEWSWIRE) -- The Board of Directors of Hardinge Inc. (NASDAQ: HDNG), a leading international provider of advanced metal-cutting solutions and accessories, announced that it has appointed Ryan Levenson of Privet Fund Management LLC, to serve as a Director. Privet Fund Management currently owns 9.7% of the Companys common stock outstanding.Â
Richard L. Simons, President and... More
Hardinge Reports Third Quarter 2016 Results
November 2, 2016 6:55 AM EDTELMIRA, N.Y., Nov. 02, 2016 (GLOBE NEWSWIRE) -- Hardinge Inc. (NASDAQ: HDNG), a leading international provider of advanced metal-cutting solutions and accessories, reported financial results for its third quarter ended September 30, 2016.
Net sales (sales) for the quarter were $67.2 million, down 12% from $76.8 million in the prior-year period. Excluding the impact of unfavorable foreign currency translation of $1.3 million, sales were down 11% from the prior years third quarter. Net loss was $1.4 million, or $(0.11) per diluted share.  Non-GAAP(1) adjusted net loss was $0.2 million, or... More
Hardinge Inc. Announces Retirement of John J. Perrotti from Board of Directors
November 1, 2016 4:15 PM EDTELMIRA, N.Y., Nov. 01, 2016 (GLOBE NEWSWIRE) -- The Board of Directors of Hardinge Inc. (NASDAQ: HDNG), a leading international provider of advanced metal-cutting solutions and accessories, announced that John J. Perrotti, Chairman, has chosen to retire from the Board effective October 28, 2016, given his increasing time commitments and responsibilities for other professional requirements. Mr. Perrotti has served as a... More