Haynes Int'l (HAYN) Misses Q4 EPS by 3c

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Haynes International, Inc. Reports Fourth Quarter Fiscal 2016 Financial Results

November 17, 2016 4:05 PM EST

Fourth quarter net revenues of $107.5 million and net income of $3.2 million, or $0.25 per diluted share (which includes a $0.17 per share favorable income tax credit), for the three months ended September 30, 2016, compared to net revenues of 117.0 million and net income of $5.8 million, or $0.46 per diluted share, for the same period of fiscal 2015. Net revenues of $406.4 million and net income of $5.0 million, or $0.40 per diluted share, for fiscal 2016, compared to net revenues of $487.6 million and net income of $30.5 million, or $2.45 per diluted share, for fiscal 2015.  Backlog of $168.4 million at September 30,... More