Graham Corp (GHM) Reports Strong Gross Margin Expansion in Q3 Fiscal 2024 [Yahoo! Finance]
Graham Corporation (GHM)
NASDAQ:AMEX Investor Relations:
graham-mfg.com/investor-relations-contacts
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Source: Yahoo! Finance
Operating Income : Grew by 36% to $0.9 million. Net Income : Decreased by 55% to $0.2 million; Adjusted net income rose by 183% to $2.4 million. Backlog : Reached a record $399.2 million, up 36% over the prior-year period. Adjusted EBITDA : Increased by 72% to $3.9 million. Guidance : Fiscal 2024 net sales forecast increased to $175 million to $185 million. Warning! GuruFocus has detected 6 Warning Signs with GHM. Graham Corp ( NYSE:GHM ) released its 8-K filing on February 5, 2024, detailing financial results for the third quarter of fiscal year 2024, which ended December 31, 2023. The company, a global leader in the design and manufacture of critical equipment for various industries, including defense, energy, and chemical/petrochemical, reported a significant expansion in gross margin and a record backlog, despite a decrease in net income. Graham Corp's net sales saw a 10% increase to $43.8 million, bolstered by the acquisition of P3 Technologies, LLC, and strong sal
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GHM
News
- Graham Co. (NYSE: GHM) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Graham Co. (NYSE: GHM) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Graham Co. (NYSE: GHM) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Are Investors Undervaluing Graham Corporation (NYSE:GHM) By 49%? [Yahoo! Finance]Yahoo! Finance
- Graham Corporation to Present at the Gabelli Pump, Valve & Water Systems Symposium [Yahoo! Finance]Yahoo! Finance
GHM
Earnings
- 2/5/24 - Beat
GHM
Sec Filings
- 4/1/24 - Form 8-K
- 2/13/24 - Form SC
- 2/5/24 - Form 10-Q
- GHM's page on the SEC website