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Haynes International Inc Issues Q1 2014 Guidance Below Analysts' Estimates; Declares Dividend

Thursday, 21 Nov 2013 04:00pm EST 

Haynes International Inc announced that for the first quarter of 2014, it expects revenue to be lower than revenue for the fourth quarter of 2013 and to incur a net loss. The Company reported revenue of $115.66 million in the fourth quarter of 2013. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $115 million and EPS of $0.31 for the first quarter of 2014. The Company also announced that the Board of Directors declared a regular quarterly cash dividend of $0.22 per outstanding share of the Company's common stock. The dividend is payable December 16, 2013 to stockholders of record at the close of business on December 2, 2013. 

Company Quote

-2.455 -4.42%
10 Jul 2014