Hardinge (HDNG) Reports Q3 EPS of $0.17

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Hardinge Reports 26% Growth in Sales for Third Quarter 2017

November 9, 2017 6:30 AM EST

Sales of $85.0 million in the quarter driven by double digit growth in all regions; Sales for the first nine months were $227.7 million, up 11% over prior-year period Quarterly net income was $2.2 million with earnings per diluted share of $0.17 Generated strong cash from operations of $11.0 million year-to-date Ended quarter with $32.3 million in cash and no outstanding debt Expanded restructuring and cost take-out effort; Targeting an additional $10 million in savings

ELMIRA, N.Y.--(BUSINESS WIRE)--... More