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Stock impact report

Graham Corporation Reports Fiscal 2017 Fourth Quarter and Full Year Results

Graham Corporation (GHM) 
NASDAQ:AMEX Investor Relations: graham-mfg.com/investor-relations-contacts
Company Research Source: Business Wire
Full year revenue of $92 million; net income of $5 million, $0.52 per share Cash and investments grew over $8 million during fiscal 2017 Expecting fiscal 2018 revenue to be between $80 million and $90 million BATAVIA, N.Y.--(BUSINESS WIRE)-- Graham Corporation (NYSE:GHM), a global business that designs, manufactures and sells critical equipment for the oil refining, petrochemical, power and defense industries, today reported financial results for its fourth quarter and fiscal year ended March 31, 2017 (“fiscal 2017”). Net sales in the fourth quarter of fiscal 2017 were $25.6 million, compared with net sales of $22.3 million in the fourth quarter of the fiscal year ended March 31, 2016 (“fiscal 2016”). Net income in the fiscal 2017 fourth quarter was $1.8 million, or $0.18 per diluted share, compared with $0.5 million, or $0.05 per diluted share, Show less Read more
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