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Hardinge Inc (HDNG.OQ)

HDNG.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Hardinge reports Q3 earnings per share $0.17
Thursday, 9 Nov 2017 06:30am EST 

Nov 9 (Reuters) - Hardinge Inc :Hardinge reports 26% growth in sales for third quarter 2017.Q3 adjusted non-GAAP earnings per share $0.24.Q3 earnings per share $0.17.Q3 sales $85 million.Hardinge Inc - ‍consolidated backlog at September 30, 2017 was $135 million, up 16% from September 30, 2016​.  Full Article

Privet Fund Management says mulls taking Hardinge private
Thursday, 2 Nov 2017 01:04pm EDT 

Nov 2 (Reuters) - Privet Fund Management::Advised Hardinge that Privet Fund, affiliates evaluating going private deal to buy all of company's stock it does not already own.Basing evaluation of going private deal for Hardinge on a price of $17.25/share - SEC filing.Requested Hardinge allow it, financial advisor, potential financing sources access to confidential business information.On Nov. 1, special committee of Hardinge board agreed to provide Privet parties the requested confidential information.  Full Article

HARDINGE TO REVIEW INDICATION OF INTEREST FROM PRIVET
Thursday, 2 Nov 2017 01:00pm EDT 

Nov 2 (Reuters) - Hardinge Inc ::HARDINGE INC. TO REVIEW INDICATION OF INTEREST FROM PRIVET.‍BMO CAPITAL MARKETS CORP IS ACTING AS FINANCIAL ADVISOR AND WACHTELL, LIPTON, ROSEN & KATZ IS ACTING AS LEGAL ADVISOR TO HARDINGE​.  Full Article

Hardinge Inc. Names B. Christopher Disantis chairman of board
Wednesday, 30 Aug 2017 09:00am EDT 

Aug 30 (Reuters) - Hardinge Inc :Hardinge Inc. Names B. Christopher Disantis chairman of the board.  Full Article

Hardinge Q2 adjusted non-gaap earnings per share $0.33
Thursday, 3 Aug 2017 06:30am EDT 

Aug 3 (Reuters) - Hardinge Inc :Hardinge reports second quarter 2017 results.Q2 earnings per share $0.20.Q2 adjusted non-gaap earnings per share $0.33.Q2 sales rose 11 percent to $78.2 million.Hardinge inc says backlog at june 30, 2017 was $144.9 million, up 14% over trailing q1 and improved 32% compared with june 30, 2016.  Full Article

Hardinge reports Q1 loss per share $0.16
Friday, 5 May 2017 06:30am EDT 

May 5 (Reuters) - Hardinge Inc ::Hardinge reports first quarter 2017 results.Q1 adjusted non-gaap loss per share $0.05.Q1 loss per share $0.16.Sales for quarter were soft at $64.6 million, down 5 pct from prior year's Q1.Orders for Q1 increased 12 pct to $72.9 million compared with prior-year period.Initiated a new restructuring program to rationalize product lines and further streamline operations.New restructuring program was initiated to generate $2.0 million to $2.5 million annualized pre-tax savings.Restructuring program is anticipated to be substantially complete by mid-2018.Restructuring costs are expected to be in range of approximately $3.8 million to $4.3 million, of which approximately $1.6 million is non-cash.Order backlog at march 31, 2017 increased 9 pct over trailing Q4 of 2016 on strong order volume to $127.2 million.  Full Article

Hardinge Q4 adjusted non-gaap EPS $0.31
Thursday, 9 Feb 2017 06:30am EST 

Hardinge Inc : Hardinge inc says order backlog at december 31, 2016 was $117.0 million, down slightly from end of trailing q3 . Hardinge reports fourth quarter and full year 2016 results . Q4 adjusted non-gaap earnings per share $0.31 . Q4 earnings per share $0.29 . Q4 sales $86.8 million . North america sales were up 5% in quarter, while orders increased by 4% in quarter .Orders in q4 increased by 37%; for full year, orders were down 5%.  Full Article

Hardinge posts Q2 earnings of $0.01/share
Friday, 5 Aug 2016 06:55am EDT 

Hardinge Inc: Hardinge reports second quarter 2016 results . Q2 earnings per share $0.01 . Q2 adjusted non-GAAP earnings per share $0.06 . Q2 sales fell 15 percent to $70.2 million . At June 30, 2016, order backlog was $109.7 million, up $9.1 million, or 9%, from march 31, 2016. . "Expect that second half of 2016 will have stronger sales than first half" ."Remain cautious with our near-term outlook".  Full Article

Hardinge posts Q1 loss of $0.10/share
Tuesday, 10 May 2016 06:55am EDT 

Hardinge Inc : Hardinge reports first quarter 2016 results . Q1 loss per share $0.10 . Q1 sales rose 1 percent to $67.8 million . Q1 adjusted non-GAAP loss per share $0.03 . Q1 earnings per share view $-0.01, revenue view $68.0 million -- Thomson Reuters I/B/E/S . Board of directors has concluded previously announced review of strategic alternatives for company . Received indications of interest from a number of financial and strategic buyers to acquire company . Hardinge Inc says order backlog at March 31, 2016 was $100.7 million .Hardinge Inc qtrly net orders of $64.9 million were down from an unseasonably high order level in Q1 of 2015.  Full Article

Hardinge Inc declares quarterly cash dividend
Tuesday, 9 Feb 2016 04:31pm EST 

Hardinge Inc:Board of Directors approved payment of a regular quarterly cash dividend of $0.02 per common share.Dividend is payable March 10 to stockholders of record date on March 1.  Full Article

BRIEF-Hardinge reports Q3 earnings per share $0.17

* Hardinge reports 26% growth in sales for third quarter 2017