Welcome to our dedicated page for Graham news (Ticker: GHM), a resource for investors and traders seeking the latest updates and insights on Graham stock.
Graham Corporation (NYSE: GHM) is an air and gas compressor manufacturing company that describes itself as a global leader in mission critical fluid, power, heat transfer and vacuum technologies for the Defense, Energy & Process, and Space industries. This news page aggregates company announcements, earnings releases and other updates that Graham furnishes through press releases and SEC filings.
Investors and observers can use this feed to follow Graham’s reported progress across its key end markets. Recent news has included quarterly financial results that highlight orders, backlog and book‑to‑bill ratios, along with commentary on demand trends in defense, energy and commercial space. The company also reports on major defense awards, such as follow‑on orders for the MK48 Mod 7 Heavyweight Torpedo program and contracts supporting the U.S. Navy’s Virginia Class submarine program, as well as aftermarket activity in its Energy & Process and Defense businesses.
Graham’s releases also cover developments in its space and new energy activities. Through its Barber‑Nichols subsidiary, the company has announced multiple orders from commercial space launch customers for advanced turbomachinery and precision‑engineered components. Other updates describe work on projects in chemical and petrochemical markets and new energy segments such as hydrogen and small modular reactors, along with investments in automation, testing technologies and cryogenic facilities intended to support these opportunities.
In addition, this page captures corporate and governance news, including board appointments, participation in investor conferences and information about acquisitions such as the purchase of certain assets of Xdot Bearing Technologies. Users interested in GHM stock can review these items to understand how Graham presents its strategy, end‑market exposure and operational initiatives over time.
Graham Corporation (NYSE: GHM) has secured a follow-on order valued at approximately
CEO Daniel J. Thoren noted the importance of high-quality production and the need for increased capacity to fulfill orders efficiently.
Graham Corporation (NYSE: GHM) will participate in the Sidoti Small-Cap Virtual Conference on March 22, 2023. CEO Daniel J. Thoren and CFO Christopher J. Thome will host investor meetings starting at 9:15 a.m. ET. A live audio webcast of the presentation will be accessible on the GHM Investor Relations website, with an archive available post-conference. Graham Corporation specializes in fluid, power, heat transfer, and vacuum technologies for defense, space, energy, and process industries.
Graham Corporation (NYSE: GHM) has secured a multi-million dollar contract for a renewable energy vacuum system at the Hell’s Kitchen geothermal project in California's Imperial Valley. This equipment will enhance the efficiency of the geothermal plant operated by Controlled Thermal Resources (CTR), which focuses on sustainable lithium extraction with a minimal carbon footprint. CEO Daniel J. Thoren emphasized the order highlights growth opportunities in the new energy sector, contributing to a diversified and sustainable energy supply. Graham’s longstanding involvement in geothermal energy positions it well in this expanding market.
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.
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Graham Corporation (NYSE: GHM) will announce its third quarter fiscal year 2023 financial results on
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.
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