Hardinge Reports Second Quarter 2016 Results

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Hardinge (HDNG) Misses Q2 EPS by 5c; Sees Stronger Second Half

August 5, 2016 6:58 AM EDT

Hardinge (NASDAQ: HDNG) reported Q2 EPS of $0.06, $0.05 worse than the analyst estimate of $0.11. Revenue for the quarter came in at $70.2 million versus the consensus estimate of $80 million.

Richard L. Simons, President and Chief Executive Officer, commented, We achieved better than break-even net income at just $70 million in... More