Recap: Haynes Intl Q1 Earnings
Shares of Haynes Intl (NASDAQ:HAYN) rose in after-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share fell 350.00% year over year to ($0.65), which missed the estimate of ($0.53).
Revenue of $72,177,000 declined by 33.45% year over year, which missed the estimate of $73,730,000.
Guidance
Earnings guidance hasn't been issued by the company for now.
Haynes Intl hasn't issued any revenue guidance for the time being.
Technicals
52-week high: $29.84
Company's 52-week low was at $15.29
Price action over last quarter: Up 2.34%
Company Profile
Haynes International Inc is a producer of high-performance nickel and cobalt-based alloys in flat product form such as sheet, coil, and plate forms. The company is focused on developing, manufacturing, marketing, and distributing technologically advanced, high-performance alloys. Its products consist of high-temperature resistant alloys (HTA's) and corrosion-resistant alloys (CRA's). The company's products are used in aerospace, industrial gas turbine, chemical processing, and other industries. Geographically, it derives a majority of revenue from the United States and also has a presence in Europe; China, and other countries.
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