Hardinge Reports Fourth Quarter and Full Year 2017 Results
HARDINGE (HDNG)
US:NASDAQ Investor Relations:
ir.hardinge.com/investor-relations
Company Research
Source: Business Wire
Sales increased 4% to $90.2 million in the quarter, driven by growth in Asia & Europe; Sales for the year were $317.9 million, up 9% over 2016 Quarterly net income was $3.2 million with earnings per diluted share of $0.24; Full year net income was $5.8 million with earnings per diluted share of $0.45 Generated cash from operations of $25.1 million in 2017 compared with $5.3 million in 2016 ELMIRA, N.Y.--(BUSINESS WIRE)-- Hardinge Inc. (NASDAQ: HDNG), a leading international provider of advanced metal-cutting solutions and accessories, reported financial results for its fourth quarter and year ended December 31, 2017. Sales, Orders and Backlog for the Quarter and Full Year (Please refer to the Sales and Orders tables included in this release) North America: Sales of $28.7 million in the quarter were down 4% fr
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