Haynes expects profit despite challenges

Nov 12, 2013 | 12:23 PM | Rey Mashayekhi

Tags  Haynes International, earnings report, specialty alloys, Mark Comerford, Rey Mashayekhi

NEW YORK — Specialty alloy producer Haynes International Inc. expects to post a profit in its fiscal fourth quarter despite "challenging" market conditions that have forced it to control costs, adjust production schedules and reduce inventory.

The Kokomo, Ind.-based manufacturer expects revenue for the three months ended Sept. 30 to total about $115 million and earnings to be in a range of 30 to 32 cents per share.....

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