News

Graham Corporation Awarded Orders for Three Projects Totaling $19 Million

  • Expanding and modernizing a Southeast Asia refiner
  • Adding new capacity in the China crude oil refining market
  • Replacing Graham equipment in Latin America, originally supplied in the 1970s

Graham Corporation Reports Fiscal 2020 First Quarter Results

  • Revenue of $21 million; EPS of $0.01, adjusted EPS of $0.10
  • Raising fiscal 2020 guidance driven by near-term order outlook; Expecting 20% to 26% revenue growth and gross margin between 24% and 26%
  • Completed sale of commercial nuclear utility business, Energy Steel
  • Backlog remains strong at $117 million; Expecting fiscal 2020 book-to-bill ratio in excess of 1x

Graham Corporation Reports Fiscal 2019 Fourth Quarter and Full Year Results

  • Revenue grew 18% to $92 million for fiscal 2019; loss per share was $0.03, adjusted EPS was $0.51
  • Backlog remains strong at $132 million; Fiscal 2019 book-to-bill ratio was 1.1x
  • Expecting fiscal 2020 revenue between $95 million and $100 million; represents 14% to 20% growth, excluding commercial nuclear utility business which is for sale

Graham Corporation Reports Fiscal 2019 Third Quarter and Year-to-Date Results

  • Revenue was $17.2 million, earnings per share was $0.01 in third quarter
  • Third quarter orders were $23 million, backlog of $133.7 million
  • Fiscal 2019 revenue expectations are between $90 million and $95 million, a 16% to 22% increase over prior year

Graham Corporation Reports Fiscal 2019 Second Quarter and First Half Results

  • Second quarter revenue was $21 million
  • Net income of $1.8 million, $0.19 per share
  • Orders were $34 million, record backlog of $128 million
  • Narrowing fiscal 2019 revenue expectations to $98 million to $105 million

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