Graham Corp Stock Price, News & Analysis

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.

Graham Corporation (NYSE: GHM) announced that its executives, including President and CEO Daniel J. Thoren and CFO Christopher J. Thome, will present at the Gabelli Annual Aerospace & Defense Symposium in New York on September 8, 2022, starting at 9:30 am ET. Investors can access the presentation via this link or through the investor relations section of Graham's website. The company specializes in fluid, power, heat transfer, and vacuum technologies for critical industries.

Graham Corporation (NYSE: GHM) will participate in the Midwest IDEAS Conference on August 25, 2022, in Chicago, IL. CEO Daniel J. Thoren and CFO Christopher J. Thome will present and hold investor meetings. The presentation starts at 8:00 am Central Time and will be available online at the conference website and Graham's investor relations page. A replay will be accessible for 90 days post-event. Graham is renowned for its fluid, power, heat transfer, and vacuum technologies across various industries.

Graham Corporation (NYSE: GHM) announced $40.3 million in orders for the first quarter of fiscal year 2023. Key highlights include:

• $10.0 million for commercial aftermarket
• $7.3 million in pump orders for the space industry
• $7.0 million for vacuum distillation systems in India
• $5.6 million for U.S. Navy submarine and carrier programs

Graham Corporation (NYSE: GHM) reported a strong first quarter for fiscal 2023, with net sales reaching $36.1 million, a 79% increase year-over-year. This growth reflects the success of its Barber-Nichols acquisition and diversification of its revenue base. Defense and space contributed to 45% of total sales, with a record backlog of $260.7 million. The company posted a net income of $676 thousand or $0.06 per diluted share. The outlook remains positive, projecting revenue between $135-$150 million and adjusted EBITDA of $6.5-$9.5 million for the fiscal year.

Graham Corporation (NYSE: GHM) is set to release its first quarter fiscal year 2023 financial results on Friday, July 29, 2022, prior to market opening. The company will hold a conference call at 10:00 a.m. ET to discuss its financial performance and strategic outlook, followed by a Q&A session. Investors can access the live call or a replay through the company's website. Graham is recognized for its expertise in fluid and heat transfer technologies across various industries, including defense and energy.