Haynes Int'l (HAYN) Misses Q1 EPS by 23c
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Haynes International, Inc. Reports First Quarter Fiscal 2016 Financial Results
February 4, 2016 4:00 PM ESTFirst quarter net revenues of $95.1 million and net income of $0.2 million, or $0.02 per diluted share, for the three months ended December 31, 2015, compared to net revenues of $110.7 million and net income of $6.4 million, or $0.51 per diluted share, for the same period of fiscal 2015.Backlog of $204.7 million at December 31, 2015, an increase of 10.2% from $185.8 million at September 30, 2015.Capital investment in the first quarter of fiscal 2016 of $7.1 million and forecast for capital spending in fiscal 2016 of $30.0 million.Regular quarterly cash dividend of $0.22 per outstanding share of... More
