Haynes International: Fiscal 4Q Earnings Snapshot
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.