Haynes International, Inc. provided earnings guidance for the second quarter and full year of 2022. The Company expects volume, revenue and profitability to improve throughout the fiscal year. The Company currently anticipates that revenue in the second quarter will be approximately 10% higher than the first quarter of fiscal 2022.

The Company also believes that the sequential earnings growth rate will be greater than the growth rate of revenue due to profitability leverage based upon anticipated increased volumes along with continued pricing and cost improvements.