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Stock impact report

Haynes International, Inc. Reports Second Quarter Fiscal 2020 Financial Results

Haynes International, Inc. (HAYN) 
Last haynes international, inc. earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: haynesintl.com/contact/investor-relations
Company Research Source: GlobeNewswire
Second quarter net revenues of $111.6 million compared to net revenues of $127.5 million for the same period of fiscal 2019. Second quarter net income of $4.1 million, or $0.32 per diluted share, compared to net income of $1.5 million, or $0.12 per diluted share, for the same period of fiscal 2019.  Net cash provided by operating activities of $0.8 million in the first six months of fiscal 2020, compared to net cash provided by operating activities of $12.1 million for the same period of fiscal 2019.Backlog of $204.7 million at March 31, 2020, a decrease of 13.9% from $237.6 million at December 31, 2019, and a decrease of 13.0% from $235.2 million at September 30, 2019.Capital investment in first six months of fiscal 2020 of $4.1 million and forecast for capital spending in fiscal 2020 between $10 million and $12.0 million.Regular quarterly cash dividend of $0.22 per outstanding share of the Company’s common stock declared. KOKOMO, Ind., April 30, 2020 (GLOBE NEWSWIRE) -- Hayne Show less Read more
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