Hardinge posts 3Q profit

ELMIRA, N.Y. (AP) _ Hardinge Inc. (HDNG) on Thursday reported third-quarter net income of $2.2 million, after reporting a loss in the same period a year earlier.

The Elmira, New York-based company said it had profit of 17 cents per share. Earnings, adjusted for restructuring costs and non-recurring costs, were 24 cents per share.

The maker of metal-cutting machines posted revenue of $85 million in the period.

Hardinge shares have increased 51 percent since the beginning of the year. The stock has increased 91 percent in the last 12 months.

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