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-0.0224495595339585 -0.00966183574879217 -0.03154305200341 -0.0397840295538505 -0.0616652458084682 -0.0792838874680307 -0.0767263427109973 -0.0707587382779197
Stock impact report

Haynes International, Inc. Provides Update on Third Quarter Revenue and Earnings

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
KOKOMO, Ind., July 20, 2017 (GLOBE NEWSWIRE) -- Haynes International, Inc. (NASDAQ:HAYN), a leading developer, manufacturer and marketer of technologically advanced high-performance alloys (the “Company”), reported today that, based on currently available information, revenue and earnings for the Company’s third fiscal quarter ended June 30, 2017 are expected to be lower than previously anticipated by the Company.  The Company currently expects third quarter revenue to be approximately $97 to $98 million and third quarter net loss to be in the range of ($3.9 million) to ($4.2 million).  Conditions in the high end of the specialty metals market became increasingly challenging with lower-than-expected transactional business and a difficult pricing environment due to competition and weakness in nickel prices during the quarter.  In addition, the continued weakness in the chemical processing market drove approximately $1.5 million in inventory valuation adjustments impacting profitabili Show less Read more
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