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Stock impact report

Graham Corporation's Gross Margin Expands 660 Basis Points on Sales of $43.8 Million in Third Quarter of Fiscal 2024 [Yahoo! Finance]

Graham Corporation (GHM) 
NASDAQ:AMEX Investor Relations: graham-mfg.com/investor-relations-contacts
Company Research Source: Yahoo! Finance
Gross Margin Expanded 660 Basis Points to 22.2% on Favorable Mix, Better Pricing and Improved Execution Achieved Net Income of $0.2 Million; Adjusted Net Income and Adjusted EBITDA Improved to $2.4 Million and $3.9 Million, Respectively Received a Record $123.3 Million in Orders, Primarily Related to Follow-on Orders for U.S. Navy Programs, Which Drove Backlog to Increase to $399.2 Million, of Which 84% Was Defense Generated $7.6 Million of Cash From Operations and Reduced Debt Balance $7.9 Million During the Third Quarter Expanded Turbomachinery Capabilities and Technology Solutions With P3 Technologies Acquisition Increased Full Year Revenue and Adjusted EBITDA Guidance to Reflect Acquisition, Strong Core Growth, and Profitability Initiatives BATAVIA, N.Y., February 05, 2024 BUSINESS WIRE Graham Corporation (NYSE: GHM) ("GHM" or the "Company"), a global leader in the design and manufacture of mission critical fluid, power, heat transfer and vacuum technologies for the d Show less Read more
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