Haynes International Inc.

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Haynes International Posts Q4 Loss Per Share Of $0.46

Published: 11/19/2020 21:28 GMT
Haynes International Inc (HAYN) - Haynes International, Inc. Reports Fourth Quarter and Fiscal 2020 Financial Results.
Q4 Loss per Share $0.46.
Q4 Revenue $79.9 Million Versus Refinitiv Ibes Estimate of $76.6 Million.
Q4 Earnings per Share Estimate $-0.70 -- Refinitiv Ibes Data (analyst estimates).
Haynes International - Decrease in Qtrly Volume Primarily Attributable to Covid-19 Pandemic in Addition to Impact Caused by Grounding of Boeing 737 Max.
Expects Revenue in Q1 of Fiscal 2021 to Be Lower Than Q4 of Fiscal 2020.
Expects to Continue to Generate Cash From Inventory Reduction in Fiscal 2021.