Haynes Int'l (HAYN) Misses Q3 EPS by 7c
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Haynes International, Inc. Reports Third Quarter Fiscal 2015 Financial Results
August 6, 2015 4:00 PM EDTThird quarter net revenues of $121.3 million and net income of $6.6 million, or $0.53 per diluted share, which includes a one-time tax charge of $1.1 million, or $0.09 per diluted share. Net income excluding the tax charge was $7.7 million, or $0.62 per diluted share, for the three months ended June 30, 2015, compared to net revenues of $126.3 million and net income of $2.1 million, or $0.17 per diluted share, for the same period of fiscal 2014. Backlog of $192.9 million at June 30, 2015, a decrease of 12.5% from $220.4 million at March 31, 2015. Capital spending and acquisitions in the first nine months of fiscal 2015 of $28.6... More
