News

Graham Corporation Reports Sales Grew to $28 million for Fiscal 2021 Second Quarter

  • Second quarter sales of $28 million yielded $0.27 earnings per share
  • Orders were $35.0 million in the quarter; Backlog improved sequentially to $114.9 million
  • Revenue guidance increased to $93 million to $97 million and gross margin expectation improved to 21% to 23%

Graham Corporation Reports Fiscal 2021 First Quarter Results

  • First quarter fiscal 2021 sales of $16.7 million, reflects average operating capacity of 50% due to Company’s response to the COVID-19 pandemic
  • Net loss of $0.18 per share result of dramatic decline in throughput
  • Backlog of $107.2 million comprised of 51% from defense industry
  • Fiscal 2021 revenue guidance of $90 million to $95 million from expected improved performance for remainder of fiscal 2021

Graham Corporation Reports Fiscal 2020 Fourth Quarter and Full Year Results

  • Q4 revenue of $23.1 million reflected approximately $7 million in delayed revenue as a result of the COVID-19 global pandemic
  • Q4 EPS was $0.06; fiscal year 2020 EPS was $0.19
  • High quality backlog of $112 million at end of year; Defense industry comprises 52% of backlog
  • Strong balance sheet provides ample liquidity with cash balance of $73 million at March 31, 2020

Graham Corporation Reports Fiscal 2020 Third Quarter and Year-to-Date Results

  • Third quarter revenue of $25 million; third quarter orders of $20 million
  • Backlog remains strong at $123 million as of December 31
  • Reiterating fiscal 2020 revenue guidance of 20% to 26% growth and revising gross margin to between 21% and 22%

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