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Haynes International Expects Q4 Revenue And Earnings To Be Similar To Q3 As A Result Of The Unfavorable Impact Of Lower Production Volumes Primarily Due The Boeing Build Rate Slowdown, And The Co's Significant Inventory Reduction Initiatives.

Author: Benzinga Newsdesk | August 01, 2024 04:54pm

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The Company expects fourth quarter revenue and earnings to be similar to the third quarter of fiscal 2024 as a result of the unfavorable impact of lower production volumes primarily due to two factors – the Boeing build rate slowdown, and the Company's significant inventory reduction initiatives.

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