Hardinge (HDNG) Tops Q2 EPS by 10c
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Hardinge Reports Second Quarter 2015 Results
August 6, 2015 6:55 AM EDTELMIRA, N.Y., Aug. 6, 2015 (GLOBE NEWSWIRE) -- Hardinge Inc. (NASDAQ: HDNG), a leading international provider of advanced metal-cutting solutions and accessories, reported financial results for its second quarter ended June 30, 2015.
Net sales ("sales") for the quarter increased $3.5 million to$82.4 million. Excluding $1.9 million for unfavorable foreign currency translation, this represents a 7% increase over the prior year's second quarter. Orders for the quarter were $77.2 million, a 2% decrease from the prior year's second quarter when adjusted for unfavorable foreign currency translation.
Net income was $1.6 million, or $0.12 per diluted share, for the quarter compared with $1.3... More
