Graham Corp Stock Price, News & Analysis

Graham Corporation (NYSE: GHM) will present at the Gabelli Funds 33rd Annual Pump, Valve and Water Systems Symposium on February 23, 2023. CEO Daniel J. Thoren and CFO Christopher J. Thome will be available for virtual investor meetings starting at 3:15 p.m. Eastern Time. The presentation can be accessed here and a replay will be available post-event. The company specializes in fluid, power, heat transfer, and vacuum technologies across various industries, emphasizing its engineering expertise and high-quality service.

Graham Corporation (NYSE: GHM) reported a 39% increase in third quarter sales, reaching $39.9 million, driven by strong demand in defense and space markets. The company achieved a net income of $368,000 or $0.03 per diluted share. Cash flow from operations stood at $9 million, with a $5 million reduction in debt, resulting in a bank leverage ratio of 2.5x. GHM raised its fiscal 2023 revenue guidance to $145 million to $155 million and tightened its adjusted EBITDA outlook to $7.5 million to $8.5 million. The company aims for $200 million in revenue and 10%-15% adjusted EBITDA by 2027.

Graham Corporation (NYSE: GHM) will announce its third quarter fiscal year 2023 financial results on February 6, 2023 before the market opens. Following this, a conference call will be conducted at 11:00 a.m. ET to discuss the results, company strategy, and outlook, with a question-and-answer session available. Interested parties can listen via phone or a webcast. A replay of the telephonic session will be accessible from 2:00 p.m. ET on the announcement day until February 13, 2023. More information is available on Graham Corporation's website.

Graham Corporation (NYSE: GHM) will present at the Southwest IDEAS Conference on November 17, 2022. CEO Daniel J. Thoren and CFO Christopher J. Thome will lead the presentation at 1:30 p.m. Central Time. Investors can access the live webcast via the conference website or through Graham Corporation's Investor Relations page. A replay will be available for 90 days. Graham is recognized for its expertise in fluid, power, heat transfer, and vacuum technologies across various industries including defense and energy.

Graham Corporation (NYSE: GHM) reported a 12% sales increase for Q2 FY23, reaching $38.1 million, with a record backlog of $313 million, up 20%. The company attributed growth to its diversified customer base in defense and space sectors, which made up 65% of total revenue. Although it recorded a net loss of $196,000 and a diluted EPS loss of $0.02, adjusted diluted EPS improved to $0.03. The firm reaffirmed its fiscal 2023 revenue guidance of $135 to $150 million and adjusted EBITDA of $6.5 to $9.5 million.

Graham Corporation (NYSE: GHM) announced a record $92 million in orders for the second quarter of fiscal 2023, driven primarily by $70 million from the defense sector, specifically U.S. Navy programs. Additional orders included $9 million for petroleum refining and $4 million for specialized pumps in the commercial space sector. The company will release its detailed financial results on November 7, 2022, followed by a teleconference at 11:00 am ET. This performance indicates strong demand and expands Graham's capabilities in critical markets.

Graham Corporation (NYSE: GHM), a leader in fluid, power, heat transfer, and vacuum technologies, announced that President and CEO Daniel J. Thoren and CFO Christopher J. Thome will present at the Sidoti & Company Small-Cap Virtual Conference on September 22, 2022, at 8:30 a.m. Eastern Time. Investors can access a live webcast of the presentation and materials at ir.grahamcorp.com. A replay will be available for 90 days. Graham specializes in providing solutions for the defense, space, energy, and process industries.