Haynes Int'l (HAYN) Misses Q2 EPS by 11c

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

May 2, 2019 4:05 PM EDT

Second quarter net revenues of $127.5 million compared to net revenues of $110.2 million for the same period of fiscal 2018. Second quarter net income of $1.5 million, or $0.12 per diluted share, representing an improvement from the net loss of $(2.1) million, or $(0.17) per diluted share, for the same period of fiscal 2018.Backlog of $253.0 million at March 31, 2019, an increase of 6.4% from $237.8 million at December 31, 2018.Capital investment in the first six months of fiscal 2019 of $5.4 million and forecast for capital... More