---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-007599"
form_type: "8-K"
ticker: null
cik: "0000858655"
company_name: "HAYNES INTERNATIONAL INC"
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T07:54:08.503326+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Haynes Q2 net income $8.6M ($0.66 EPS) down from $12.3M; raw material headwind persists; merger on track

## Summary
- Net revenues $152.5M flat YoY; net income $8.6M ($0.66 diluted EPS) vs $12.3M ($0.96) last year.
- Gross margin 17.7% (adjusted 21.2%) compressed by $5.3M raw material headwind from nickel/cobalt.
- Aerospace volume +8.9% YoY, IGT volume +19.5%; combined >83% of shipments; CPI volume -41.8%.
- Backlog $438.6M, down 1.8% YoY; capital spending FY24 estimated $22-28M.
- Dividend $0.22/share declared; Acerinox merger at $61/share, shareholder approved, closing expected Q3 2024.

## SEC filing metadata
- accession: 0001558370-24-007599
- form_type: 8-K
- cik: 0000858655
- company_name: HAYNES INTERNATIONAL INC
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/858655/000155837024007599/0001558370-24-007599-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/858655/000155837024007599/hayn-20240509x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-007599
- JSON: https://secwatch.observer/filing/0001558370-24-007599.json
- Plain text: https://secwatch.observer/filing/0001558370-24-007599.txt

## Key facts
- Earnings Releases
  HAYNES INTERNATIONAL INC reported second quarter of fiscal 2024 ended March 31, 2024 results: revenue $152.5 million, net income $8.6 million, EPS $0.66 diluted earnings per share.
  - Period: second quarter of fiscal 2024 ended March 31, 2024
  - Revenue: $152.5 million
  - Net income: $8.6 million
  - EPS: $0.66 diluted earnings per share
  - Result: reported results
  source text: ​ ​ ​ ​ Haynes International, Inc. ​ ​ ​ ​ 765-456-6102 ​ 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/858655/000155837024007599/0001558370-24-007599-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.