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For the three months ended 31 March 2018, Hardinge Inc. revenues increased 24% to $79.9M. Net income totaled $1.8M vs. loss of $2M. Revenues reflect MMS segment increase of 27% to $61.9M, ATA segment increase of 14% to $18.1M, Asia segment increase of 36% to $37.2M, Europe segment increase of 20% to $21.2M, North America segment increase of 10% to $21.5M. Net Income reflects MMS segment income totaling $2.9M vs. loss of $2.7M.
Period Ending: | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 |
---|---|---|---|---|
Total Revenue | 79.88 | 90.17 | 84.99 | 78.2 |
Gross Profit | 28.14 | 30.94 | 28.61 | 26.63 |
Operating Income | 2.63 | 5.56 | 2.96 | 2.19 |
Net Income | 1.82 | 3.17 | 2.2 | 2.52 |
Period Ending: | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 |
---|---|---|---|---|
Total Assets | 321.13 | 318.95 | 315.92 | 310.34 |
Total Liabilities | 135.5 | 140.02 | 147.19 | 145.24 |
Total Equity | 185.64 | 178.93 | 168.73 | 165.1 |
Period Ending: | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 |
---|---|---|---|---|
Period Length: | 3 Months | 12 Months | 9 Months | 6 Months |
Cash From Operating Activities | -3.82 | 25.11 | 10.99 | -0.26 |
Cash From Investing Activities | -1.35 | -2.62 | -1.16 | -0.95 |
Cash From Financing Activities | 0 | -7.44 | -7.35 | -2.62 |
Net Change in Cash | -4.49 | 16.7 | 4.07 | -1.89 |
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