Haynes International Appoints Marlin C. Losch III As Chief Operating Officer, Effective July 1

6/28/24 8:46:51 AM ET

Steel/Iron Ore

Industrials

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Haynes International (NASDAQ GS: HAYN), a leading developer, manufacturer and marketer of technologically advanced high-performance alloys, today announced Marlin (Marty) C. Losch III has been named Chief Operating Officer of Haynes International, effective July 1st.

In this newly created position, Losch will have responsibility for all commercial and operational activities for the Company. Losch will report directly to Michael Shor, President and Chief Executive Officer of Haynes.

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Recent Analyst Ratings for
$HAYN

Date	Price Target	Rating	Analyst
3/14/2024		Buy → Neutral	Northcoast
2/6/2024		Outperform → Market Perform	Noble Capital Markets
5/25/2023	$60.00	Buy	Northcoast
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NEW YORK, Nov. 20, 2024 /PRNewswire/ -- Dream Finders Homes Inc. (NYSE: DFH) will replace Haynes International Inc. (NASD: HAYN) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, November 25. Haynes International is being acquired in a deal expected to close soon pending final closing conditions. Following is a summary of the change that will take place prior to the open of trading on the effective date: Effective Date Index Name Action Company Name Ticker GICS Sector Nov 25, 2024 S&P SmallCap 600 Addition Dream Finders Homes DFH Consumer Discretionary Nov 25, 2024 S&P SmallCap 600 Deletion Haynes International HAYN Materials For more information about S&P
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Haynes International, Inc. Reports Third Quarter Fiscal 2024 Financial Results
Clearance obtained from the Committee on Foreign Investment in the United States (CFIUS) related to the planned merger with North American Stainless, Inc. Company expects that the remaining required clearances from the U.K. and Austria will be obtained for an expected transaction close in the fourth calendar quarter of 2024. Net revenues in the third quarter of fiscal 2024 increased to $153.9 million as compared to $152.5 million in the second quarter this year and $143.9 million in last year's cyber-impacted third quarter. Revenue shipped into the aerospace market in the third quarter was a Company record at $82.6 million, which was nearly 54% of total revenue. Gross margin for the t
8/1/24 4:05:00 PM ET
$HAYN
Steel/Iron Ore
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Haynes International Inc. Names Marlin C. Losch III Chief Operating Officer
KOKOMO, Ind., June 28, 2024 (GLOBE NEWSWIRE) -- Haynes International (NASDAQ GS: HAYN), a leading developer, manufacturer and marketer of technologically advanced high-performance alloys, today announced Marlin (Marty) C. Losch III has been named Chief Operating Officer of Haynes International, effective July 1st. In this newly created position, Losch will have responsibility for all commercial and operational activities for the Company. Losch will report directly to Michael Shor, President and Chief Executive Officer of Haynes. "For more than 35 years, Marty has been a true cornerstone at Haynes, playing a crucial role in helping to develop and execute our strategy and cementing Haynes'
6/28/24 8:45:31 AM ET
$HAYN
Steel/Iron Ore
Industrials

Haynes International, Inc. Reports Third Quarter Fiscal 2024 Financial Results
Clearance obtained from the Committee on Foreign Investment in the United States (CFIUS) related to the planned merger with North American Stainless, Inc. Company expects that the remaining required clearances from the U.K. and Austria will be obtained for an expected transaction close in the fourth calendar quarter of 2024. Net revenues in the third quarter of fiscal 2024 increased to $153.9 million as compared to $152.5 million in the second quarter this year and $143.9 million in last year's cyber-impacted third quarter. Revenue shipped into the aerospace market in the third quarter was a Company record at $82.6 million, which was nearly 54% of total revenue. Gross margin for the t
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Steel/Iron Ore
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Haynes International, Inc. Reports Second Quarter Fiscal 2024 Financial Results
Second quarter net revenues of $152.5 million with improving production momentum after last quarter's three week unplanned outage at the 4-high hot rolling mill in the Kokomo plant. This compares to $147.4 million in the first quarter this year and $152.8 million in last year's second quarter.Solid revenue growth in our core aerospace and industrial gas turbine markets this quarter compared to last year, largely offset by reductions in chemical processing and other marketsGross margin for the second quarter of 17.7% of revenue, unfavorably impacted by a raw material headwind of $5.3 million, similar to the first quarter, but higher than last year's second quarter headwind of $1.7 million. E
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Haynes International, Inc. Reports First Quarter Fiscal 2024 Financial Results
First quarter net revenues of $147.4 million representing a first quarter revenue Company record, despite being unfavorably impacted by a three week unplanned outage at the 4-high hot rolling mill in the Kokomo plant, which delayed production and shipments. This compares to $132.7 million in last year's first quarter.Gross margin for the first quarter of 16.8% of revenue compared to last year's 17.4%. Excluding the raw material headwind of $5.7 million, adjusted gross margin was an outage impacted 20.6% of revenue compared to last year's $5.6 million headwind and 21.6% adjusted gross margin. First quarter net income of $7.7 million, or $0.60 per diluted earnings per share, compared to last
2/5/24 6:00:00 AM ET
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Steel/Iron Ore
Industrials

Haynes International Appoints Marlin C. Losch III As Chief Operating Officer, Effective July 1

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SEC Form SC 13G filed by Haynes International Inc.

Amendment: SEC Form SC 13G/A filed by Haynes International Inc.

Amendment: SEC Form SC 13G/A filed by Haynes International Inc.

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Haynes International Inc. Names Marlin C. Losch III Chief Operating Officer

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