UPDATE: Haynes Int'l (HAYN) Misses Q1 EPS by 3c, Revenues Miss (CORRECTION)

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Haynes International, Inc. Reports First Quarter Fiscal 2019 Financial Results

January 31, 2019 4:10 PM EST

First quarter net revenues of $107.1 million compared to net revenues of $89.7 million for the same period of fiscal 2018. First quarter net loss of $(1.6) million, or $(0.13) per diluted share, representing an improvement from the net loss of $(22.5) million, or $(1.82) per diluted share for the same period of fiscal 2018, which included a $(19.6) million, or $(1.58) per diluted share, unfavorable impact required by changes in tax laws.  Year-over-year increase in first quarter revenue and earnings despite impact of significant planned outage and upgrade in cold-finish operations in the... More