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Handy & Harman Ltd Lowers FY 2013 Guidance; Issues Q3 2013 Guidance

Friday, 2 Aug 2013 08:00am EDT 

Handy & Harman Ltd announced that it currently anticipates, based on current information, fiscal 2013 net sales and Adjusted EBITDA in the ranges of $597 million to $730 million, and $74 million to $91 million, respectively. The Company's outlook for the third quarter of 2013 is for net sales between $155 million and $190 million, and Adjusted EBITDA between $20 million and $25 million. These forecast ranges have been updated from the Company's previously announced ranges to reflect current expectations, as well as to exclude the Company's discontinued operations in the second quarter ended June 30, 2013, which are further discussed in the Company's Form 10-Q. 

Company Quote

-1.17 -3.03%
17 Apr 2015