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Graham Corporation reports developments tied to its engineered equipment business for the Defense, Energy & Process, and Space markets. The company designs and manufactures mission-critical fluid, power, heat transfer, vacuum, cryogenic pump, turbomachinery, and advanced mixing technologies, and also supports installed equipment with service and spare parts.
Company news commonly covers quarterly operating results, orders and backlog by end market, financial guidance, industrial and aerospace-defense conference presentations, acquisitions that expand technology capabilities, and management or governance updates. Recurring business themes include demand across defense, space, and process-industry applications, custom-engineered systems, and investments in automation, testing, and technical capabilities.
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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.
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Graham Corporation (NYSE: GHM) announced that its CEO Daniel J. Thoren and CFO Christopher J. Thome will participate in investor meetings at the virtual East Coast IDEAS Investor Conference on June 22, 2022. The presentation will be available from 6:00 am ET and can be accessed through the conference website and Graham's investor relations page. The presentation will remain archived for 90 days. Graham specializes in fluid, power, heat transfer, and vacuum technologies, serving the defense, space, energy, and process industries.
Graham Corporation (GHM) reported a strong fiscal 2022 with revenues of $122.8 million, a 26% increase compared to the previous year. The fourth quarter alone saw revenues rise 55% to $39.7 million, driven by a significant contribution from the Barber-Nichols acquisition. However, the company recorded a net loss of $1.4 million in Q4 and $8.8 million for the year. For fiscal 2023, Graham anticipates revenue growth between $135 million and $150 million, with an adjusted EBITDA expected to improve to $6.5 million to $9.5 million. Backlog at year-end stood at $256.5 million, with a focus on defense projects.