| (USD) | Mar 2024 | Q/Q |
|---|---|---|
| Revenue | 152.5MM | +3% |
| Gross Profit | 27MM | +9% |
| Cost Of Revenue | 125.4MM | +2% |
| Operating Income | 12.6MM | +13% |
| Operating Expenses | 14.5MM | - |
| Net Income | 8.6MM | +11% |
| R&D | 1.1MM | -0% |
| G&A | 13.4MM | +7% |
| Amortization | 98K | -2% |
| Interest Expense | 2MM | -10% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
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Insights from the Latest 13F Filing Highlight Key Portfolio Adjustments
Haynes International (HAYN) delivered earnings and revenue surprises of -23.26% and 5.02%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Second quarter net revenues of $152.5 million with improving production momentum after last quarter’s three week unplanned outage at the 4-high hot rolling mill in the Kokomo plant. This compares to $147.4 million in the first quarter this year and $152.8 million in last year’s second quarter.Solid revenue growth in our core aerospace and industrial gas turbine markets this quarter compared to last year, largely offset by reductions in chemical processing and other marketsGross margin for the se
Haynes (HAYN) agrees to be acquired by North American Stainless for $970 million, with Acerinox injecting $200M to bolster operations, solidifying their position for long-term success.
First Quarter Fiscal 2024 Results Show Resilience in Face of Raw Material Headwinds
Haynes International (HAYN) delivered earnings and revenue surprises of -14.29% and 3.02%, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock?
First quarter net revenues of $147.4 million representing a first quarter revenue Company record, despite being unfavorably impacted by a three week unplanned outage at the 4-high hot rolling mill in the Kokomo plant, which delayed production and shipments. This compares to $132.7 million in last year’s first quarter.Gross margin for the first quarter of 16.8% of revenue compared to last year’s 17.4%. Excluding the raw material headwind of $5.7 million, adjusted gross margin was an outage impact
Haynes Stockholders to Receive $61.00 Per Share in Cash, Delivering Significant and Immediate Value In Connection with Transaction, Acerinox will Invest an Additional $200 million in U.S. Operations, Including $170 Million in Haynes’ Operations KOKOMO, Ind., Feb. 05, 2024 (GLOBE NEWSWIRE) -- Haynes International, Inc. (NASDAQ GM:HAYN) (“Haynes” or the “Company”) a leading developer, manufacturer and marketer of technologically advanced high-performance alloys, today announced it has entered into
Company to host conference call on February 9, 2024 at 9:00 AM EST KOKOMO, Ind., Jan. 26, 2024 (GLOBE NEWSWIRE) -- Haynes International, Inc. (NASDAQ GM: HAYN) a leading developer, manufacturer and marketer of technologically advanced high-performance alloys, announced today that it will host a conference call on Friday, February 9, 2024 to discuss its first quarter fiscal year 2024 financial results for the period ended December 31, 2023. A press release announcing the results will be issued af
Haynes International (HAYN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.