A live webcast of the conference call will be available at www.haynesintl.com.
For those unable to attend, a replay of the conference call will be available from Friday, July 29e at 11 a.m. ET until 11:59 p.m. ET on Sunday, August 28, 2022. To listen to the replay, please dial:
A webcast replay will also be available for one year at www.haynesintl.com.
Non-GAAP Financial Measures
This press release includes discussions of a financial measure, Adjusted EBITDA, which has not been determined in accordance with United States generally accepted accounting principles (GAAP). A reconciliation of Adjusted EBITDA to its most directly comparable financial measure prepared in accordance with GAAP, together with the Company’s reasons why the non-GAAP measure is material, is included in the accompanying schedules.
About Haynes International
Haynes International, Inc. is a leading developer, manufacturer and marketer of technologically advanced high performance alloys primarily for the aerospace, industrial gas turbine and chemical process industries.
Caution Regarding Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, each as amended. All statements other than statements of historical fact, including statements regarding market and industry outlook and future operating results or financial condition, made in this press release are forward-looking. In many cases, you can identify forward-looking statements by terminology, such as “may”, “should”, “expect”, “intend”, “plan”, “anticipate”, “believe”. “, “estimates”, “predicts”. “, “potential” or “continue” or the negative of these terms and other comparable terms. Forward-looking information may include, among other information, statements regarding the Company’s outlook for fiscal 2022 and beyond, overall volume and price trends, cost reduction strategies and their expected results on our results, capital expenditures, demand for our products and operations, dividends and the impact of COVID-19 on the economy and our business, including actions taken by governmental authorities to address it, which may precipitate or exacerbate other risks and/or uncertainties. There may also be other statements of expectations, beliefs, future plans and strategies, anticipated events or trends, and similar expressions regarding matters that are not historical facts. Readers are cautioned that these forward-looking statements are not guarantees of future performance and involve risks and uncertainties. Actual results may differ materially from those in the forward-looking statements due to a variety of factors, many of which are beyond the Company’s control.
The Company has based these forward-looking statements on its current expectations and projections regarding future events, including our expectations regarding the impact of the recent COVID-19 pandemic. Although the Company believes that the assumptions underlying the forward-looking statements contained herein are reasonable, each of these assumptions may prove to be incorrect. Accordingly, forward-looking statements based on these assumptions may also be incorrect. Risks and uncertainties may affect the accuracy of forward-looking statements. Some, but not all, of these risks are described in Section 1A. of Part 1 of the Company’s Annual Report on Form 10-K for the fiscal year ended September 30, 2021.
The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.