Welcome to our dedicated page for Burnham Cp Cl A news (Ticker: BURCA), a resource for investors and traders seeking the latest updates and insights on Burnham Cp Cl A stock.
Burnham Holdings, Inc. (BURCA) is a leading manufacturer of boilers, furnaces, and HVAC systems serving residential, commercial, and industrial markets. This page provides investors and industry professionals with centralized access to official announcements and strategic updates from the company.
Track critical developments including quarterly earnings reports, product innovations, operational efficiency initiatives, and leadership updates. Our curated collection ensures timely access to filings, press releases, and market-relevant disclosures while maintaining strict factual accuracy.
Key content types include financial performance updates, manufacturing process improvements, strategic partnership announcements, and regulatory compliance information. All materials are sourced directly from company communications to ensure reliability.
Bookmark this page for streamlined monitoring of BURCA's business trajectory within the HVAC sector. Combine regular checks with our email alerts feature to stay informed about material developments affecting your investment analysis.
Burnham Holdings (OTC-Pink: BURCA) reported Q3 2024 financial results with net sales of $64.7 million, an 8.3% increase from Q3 2023. Year-to-date net sales reached $176.1 million. Gross profit margin decreased to 19.3% from 20.5% in Q3 2023. Adjusted diluted earnings per share were $0.37 for Q3 2024, up from $0.17 in Q3 2023. Commercial product sales grew 20.8% while residential sales increased 2.2% in Q3. The company's average debt levels decreased by $10.6 million compared to Q3 2023. Product mix and unplanned downtime negatively impacted gross margins, while SG&A expenses increased due to uninsured litigation settlements.
Burnham Holdings, Inc. (OTC-Pink: BURCA) reported its Q2 2024 financial results and declared a quarterly dividend. Net sales increased 6.2% to $55.4 million in Q2 2024 compared to Q2 2023. Year-to-date net sales were $111.4 million, slightly down from $111.7 million in H1 2023. Gross profit margin decreased to 21.0% in Q2 2024 from 22.2% in Q2 2023, impacted by product mix. Net income for Q2 2024 was $0.8 million, down from $1.0 million in Q2 2023. Diluted EPS for Q2 2024 was $0.18, compared to $0.20 in Q2 2023. Commercial product sales increased 39.0% in Q2 2024, while residential product sales decreased 6.1%. The company declared a quarterly dividend of $0.23 per share.