Haynes International, Inc. (NASDAQ:HAYN) Q3 2023 Earnings Call Transcript August 4, 2023 9:00 AM ET
Company Participants
David Van Bibber - Controller & Chief Accounting Officer
Michael Shor - President & CEO
Daniel Maudlin - VP, Finance, Treasurer, & CFO
Conference Call Participants
Mark Reichman - Noble Capital Markets
Steve Ferazani - Sidoti
Samuel McKinney - KeyBanc
Chris Olin - Northcoast Research
Sam Douglas - Mara River Capital
Operator
Greetings. Welcome to the Haynes International Inc. Third Quarter Fiscal 2023 Financial Results Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions]. Please note this conference is being recorded.
I will now turn the conference over to your host, Controller and Chief Accounting Officer, David Van Bibber. You may begin.
David Van Bibber
Thank you very much for joining us today. With me today are Mike Shor, President and CEO of Haynes International; and Dan Maudlin, Vice President and Chief Financial Officer.
Before we get started, I would like to read a brief cautionary note, regarding forward-looking statements. This conference call contains statements that are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities and Exchange Act of 1934.
The words believe, anticipate, plan, and similar expressions are intended to identify forward-looking statements. Although, we believe our plans, intentions, and expectations regarding or suggested by such forward-looking statements are reasonable, such statements are subject to a number of risks and uncertainties, and we can provide no assurances such plans, intentions or expectations will be achieved.
Many of these risks are discussed in detail in the company's filings with the Securities and Exchange Commission in particular, Form 10-K for the fiscal year ended September 30th, 2022. 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.
With that, let me turn the call over to Mike.
Michael Shor
Thank you, Dave. Good morning, everyone. As previously disclosed, on June 10th, 2023, Haynes began experiencing a network outage indicative of a cybersecurity incident. At that point, our incident response team in conjunction with third-party specialists begin to investigate the incident -- the termly impact and restore functionality to our systems. On June 21st, just 11 days after the incident, we announced that we were back up and running, and had substantially restored our operations, including our administrative, sales, financial, and customer service functions.