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Haynes sees Q3 earnings, revenue higher than Q2

The company said, “The significant raw material headwind encountered in the second quarter is expected to persist in the third quarter, but at a lower level, as inventory containing a higher cost of nickel is sold. Based on continued production momentum and the strength of both our aerospace and industrial gas turbine markets, the Company believes that revenue and earnings are expected to be higher in the third quarter compared to the second quarter of fiscal 2024.”

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