AP NEWS

Haynes International: Fiscal 4Q Earnings Snapshot

November 15, 2018

KOKOMO, Ind. (AP) _ Haynes International Inc. (HAYN) on Thursday reported fiscal fourth-quarter net income of $2.1 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Kokomo, Indiana-based company said it had net income of 17 cents. Earnings, adjusted for non-recurring costs, were 25 cents per share.

The alloy products maker posted revenue of $122.3 million in the period.

For the year, the company reported that its loss widened to $21.8 million, or $1.75 per share. Revenue was reported as $435.3 million.

Haynes International shares have declined 2 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $31.37, a decline of 2.5 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HAYN at https://www.zacks.com/ap/HAYN

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