Hardinge (HDNG) Reports Q1 Loss of $0.03
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Hardinge Reports First Quarter 2016 Results
May 10, 2016 6:55 AM EDTELMIRA, N.Y., May 10, 2016 (GLOBE NEWSWIRE) -- Hardinge Inc. (NASDAQ: HDNG), a leading international provider of advanced metal-cutting solutions and accessories, reported financial results for its first quarter ended March 31, 2016.
Net sales (sales) for the quarter were $67.8 million, up 1% from the prior years first quarter after excluding the impact of unfavorable foreign currency translation of $1.9 million. Non-GAAP(1) adjusted net loss was $0.3 million, or a $0.03 loss per diluted share, which improved from a $0.7 million adjusted net loss, or $0.05 loss per diluted share, in the prior-year period. Net loss was $1.2 million, or a $0.10 loss per diluted... More
Hardinge Inc. Declares Quarterly Cash Dividend
May 9, 2016 4:16 PM EDTELMIRA, N.Y., May 09, 2016 (GLOBE NEWSWIRE) -- Hardinge Inc. (NASDAQ: HDNG), a leading international provider of advanced metal-cutting solutions and accessories, announced that its Board of Directors approved payment of a regular quarterly cash dividend of $0.02 per common share. The dividend is payable June 9, 2016 to stockholders of record at the close of business on May 31, 2016.Â
About Hardinge Hardinge is a leading global designer and manufacturer of high precision, computer-controlled machine tool solutions developed for critical, hard-to-machine metal parts and of technologically advanced workholding accessories. The... More
