GHM - Earnings announcements

Record quarterly and full year revenue increased 13% to $67.1 million and 17% to $245.3 million, respectively Quarterly net income per diluted share was $0.18; Fiscal 2026 net income per diluted share was $1.12 Quarterly Adjusted net income per diluted share1 was $0.33; Fiscal 2026 Adjusted net income per diluted share1 increased 13% to $1.40 Quarterly Adjusted EBITDA1 was $6.8 million; Fiscal 2026 Adjusted EBITDA1 increased 16% to $26.0 million Record backlog2 of $532.6 million, increasing 29% year-over-year, benefiting from record full year orders2 of $359 million (Book-to-Bill2 1.5x) Completed acquisition of FlackTek™, establishing advanced mixing and materials processing

Graham Corporation (NYSE:GHM), a global leader in the design and manufacture of mission critical fluid, power, heat transfer, vacuum and advanced mixing technologies for the Defense, Energy & Process, and Space industries, announced that it will release its fourth quarter and fiscal year 2026 financial results before financial markets open on Monday, June 8, 2026. The Company will host a conference call and webcast to review its financial and operating results, strategy, and outlook. A question-and-answer session will follow. Fourth Quarter Fiscal Year 2026 Financial Results Conference Call Monday, June 8, 2026 11:00 a.m. Eastern Time Phone: (201) 689-8560 Internet webcast link and ac

Third Quarter Fiscal 2026 Highlights: Revenue increased 21% to $56.7 million Gross profit increased 15% to $13.5 million; Gross profit margin was 23.8% Net income per diluted share increased 79% to $0.25; adjusted net income per diluted share1 increased 72% to $0.31 Adjusted EBITDA1 increased 50% to $6.0 million; Adjusted EBITDA margin1 was 10.7% Orders2 were $71.7 million; Book-to-Bill ratio2 of 1.3x and record backlog2 of $515.6 million Strong balance sheet with no debt, $22.3 million in cash, and access to $43.0 million under its revolving credit facility at quarter end to support growth initiatives Updating and increasing full year fiscal 2026 guidance; Remain on tr

Graham Corporation (NYSE:GHM), a global leader in the design and manufacture of mission critical fluid, power, heat transfer and vacuum technologies for the Defense, Energy & Process, and Space industries, announced that it will release its third quarter fiscal year 2026 financial results before financial markets open on Friday, February 6, 2026. The Company will host a conference call and webcast to review its financial and operating results, strategy, and outlook. A question-and-answer session will follow. Third Quarter Fiscal Year 2026 Financial Results Conference Call Friday, February 6, 2026 11:00 a.m. Eastern Time Phone: (201) 689-8560 Internet webcast link and accompanying slid

Second Quarter Fiscal 2026 Highlights: Revenue increased 23% to $66.0 million Gross profit increased 12% to $14.3 million; Gross profit margin was 21.7% Net income per diluted share was $0.28; adjusted net income per diluted share1 was $0.31 Adjusted EBITDA1 increased 12% to $6.3 million; Adjusted EBITDA margin1 was 9.5% Orders2 were $83.2 million; Book-to-Bill ratio2 of 1.3x and record backlog2 of $500.1 million Strong balance sheet with no debt, $20.6 million in cash, and access to $44.7 million under its revolving credit facility at quarter end to support growth initiatives Reiterating full year fiscal 2026 revenue and adjusted EBITDA guidance; Remain on track to reach stra

Graham Corporation (NYSE:GHM), a global leader in the design and manufacture of mission critical fluid, power, heat transfer and vacuum technologies for the Defense, Energy & Process, and Space industries, announced that it will release its second quarter fiscal year 2026 financial results before financial markets open on Friday, November 7, 2025. The Company will host a conference call and webcast to review its financial and operating results, strategy, and outlook. A question-and-answer session will follow. Second Quarter Fiscal Year 2026 Financial Results Conference Call Friday, November 7, 2025 11:00 a.m. Eastern Time Phone: (201) 689-8560 Internet webcast link and accompanying sl

First Quarter Fiscal 2026 Highlights: Revenue increased 11% to $55.5 million, reflecting the strength of the Company's product portfolio and diversified revenue base Gross profit increased 19% to $14.7 million; Gross margin improved 170 basis points to 26.5% Net income per diluted share increased 56% to $0.42; adjusted net income per diluted share1 increased 36% to $0.45 Net income increased 55% to $4.6 million; Adjusted EBITDA1 increased 33% to $6.8 million; Adjusted EBITDA margin1 improved 200 basis points to 12.3%   Orders2 were $125.9 million, driven by large defense orders; Book-to-Bill ratio2 of 2.3x and backlog2 of $482.9 million Strong balance sheet with no debt, $

Graham Corporation (NYSE:GHM), a global leader in the design and manufacture of mission critical fluid, power, heat transfer and vacuum technologies for the Defense, Energy & Process, and Space industries, announced that it will release its first quarter fiscal year 2026 financial results before financial markets open on Tuesday, August 5, 2025. The Company will host a conference call and webcast to review its financial and operating results, strategy, and outlook. A question-and-answer session will follow. First Quarter Fiscal Year 2026 Financial Results Conference Call Tuesday, August 5, 2025 11:00 a.m. Eastern Time Phone: (412) 317-5195 Internet webcast link and accompanying slide

Fourth quarter 2025 results reflect continued strength in the business Revenue grew 21% to $59.3 million driven by strength across all markets Gross margin expanded 110 basis points to 27.0% and achieved operating margin of 9.3% compared to 3.1% in the prior-year period Net Income was $4.4 million; Adjusted net income1 was $4.8 million and Adjusted EBITDA1 was $7.7 million or 12.9% of sales Fiscal 2025 results demonstrate strong execution on Graham's long-term strategic plan Sales growth of 13% driven by Defense projects and Space demand Gross Margin Expanded 330 Basis Points to 25.2% Net Income was $12.2 million compared with $4.6 million in prior fiscal year; achiev

Graham Corporation (NYSE:GHM), a global leader in the design and manufacture of mission critical fluid, power, heat transfer and vacuum technologies for the defense, space, energy, and process industries, announced that it will release its fourth quarter and fiscal year 2025 financial results before financial markets open on Monday, June 9, 2025. The Company will host a conference call and webcast to review its financial and operating results, strategy, and outlook. A question-and-answer session will follow. Fourth Quarter Fiscal Year 2025 Financial Results Conference Call Monday, June 9, 2025 11:00 a.m. Eastern Time Phone: (201) 689-8560 Internet webcast link and accompanying slide p

Revenue increased 7.3% to $47.0 million driven by continued strength in key end-markets Gross profit margin improved 260 basis points to 24.8% of sales, net margin increased 300 basis points to 3.4% of sales, and adjusted EBITDA margin1 expanded 180 basis points to 8.6% of sales Net income per diluted share increased 600% to $0.14 in the third quarter; adjusted net income per diluted share1 increased 38% to $0.18 Orders of $24.8 million, driven by demand from defense, space, and aftermarket; YTD Book-to-Bill ratio of 1.0x and a backlog of $385 million2 Strong balance sheet with no debt, $30.0 million in cash, and access to $43 million under its revolving credit facility at quar

As part of its established succession plan, President & CEO, Daniel J. Thoren to transition to Executive Chairman and Strategic Advisor effective June 2025 Matthew J. Malone, current Vice President and General Manager for Graham subsidiary Barber-Nichols, appointed to President & COO effective February 2025; expected to assume CEO role of Graham Corporation in June 2025 Executing according to succession plan previously approved by the Board of Directors; deepens bench strength of the Executive Leadership Team, ensures a smooth leadership transition, positions the business for continued growth and success The Company reiterates its sales and Adjusted EBITDA guidance as provided on Nove

Graham Corporation (NYSE:GHM), a global leader in the design and manufacture of mission critical fluid, power, heat transfer and vacuum technologies for the defense, space, energy and process industries, announced that it will release its third quarter fiscal year 2025 financial results before financial markets open on Friday, February 7, 2025. The Company will host a conference call and webcast to review its financial and operating results, strategy, and outlook. A question-and-answer session will follow. Third Quarter Fiscal Year 2025 Financial Results Conference Call Friday, February 7, 2025 11:00 a.m. Eastern Time Phone: (201) 689-8560 Internet webcast link and accompanying slide

Revenue increased 19% to $53.6 million, driven by strength across its markets Margin expansion fueled by sales growth and execution: Gross margin improved 790 basis points to 23.9% of sales, net margin increased 520 basis points to 6.1% of sales, and adjusted EBITDA1 margin expanded 550 basis points to 10.5% of sales Net income per diluted share was $0.30 in the second quarter; adjusted net income per diluted share¹ was $0.31 Strong orders of $63.7 million, driven by demand from defense, space, and refining, resulted in a book-to-bill ratio of 1.2x and a record backlog of $407 million1 Strong balance sheet with no debt, $32.3 million in cash, and access to $43 million under its rev

  Graham Corporation (NYSE:GHM), a global leader in the design and manufacture of mission critical fluid, power, heat transfer and vacuum technologies for the defense, space, energy and process industries, announced that it will release its second quarter fiscal year 2025 financial results before financial markets open on Friday, November 8, 2024. The Company will host a conference call and webcast to review its financial and operating results, strategy, and outlook. A question-and-answer session will follow. Second Quarter Fiscal Year 2025 Financial Results Conference Call Friday, November 8, 2024 11:00 a.m. Eastern Time Phone: (201) 689-8560 Internet webcast link and accompanying slid

Strong financial results further validates solid execution of strategic initiatives to grow and drive stronger earnings power Revenue up 5% to a record $50.0 million reflecting strength in defense and refining; gross margin expanded 170 basis points to 24.8% Net income increased 12% to $3.0 million for net margin of 5.9%, adjusted net income1 was up 20% to $3.6 million and adjusted EBITDA1 was $5.1 million, or 10.3% of sales Orders of $55.8 million driven by defense market and international demand, resulted in a book-to-bill ratio of 1.1x and nearly $400 million in backlog2 Strong balance sheet with no debt and $21.6 million of cash at June 30, 2024, provides financial flexibil

Graham Corporation (NYSE:GHM), a global leader in the design and manufacture of mission critical fluid, power, heat transfer and vacuum technologies for the defense, space, energy and process industries, announced that it will release its first quarter fiscal year 2025 financial results before financial markets open on Wednesday, August 7, 2024. The Company will host a conference call and webcast to review its financial and operating results, strategy, and outlook. A question-and-answer session will follow. First Quarter Fiscal Year 2025 Financial Results Conference Call Wednesday, August 7, 2024 11:00 a.m. Eastern Time Phone: (201) 689-8560 Internet webcast link and accompanying slid

Fourth Quarter 2024 Results Demonstrated Ongoing Progress in Driving Growth and Expanding Margins Revenue Grew 14% to $49.1 Million Driven by Strength in Defense and Aftermarket Gross Margin Expanded 930 Basis Points to 25.9% and Achieved Operating Margin of 3.1% Compared With an Operating Loss in the Prior-Year Period Strengthened Margins Drove Measurably Improved Earnings: Net Income Was $1.3 Million; Adjusted Net Income1 was $1.6 Million and Adjusted EBITDA1 was $3.0 Million or 6.0% of Sales Fiscal 2024 Results Validate the Effectiveness of Graham's Strategic Growth and Profitability Initiatives, Furthering Its Progress Toward Long-Term Goals Sales Growth of 18% Was Larg

Graham Corporation (NYSE:GHM), a global leader in the design and manufacture of mission critical fluid, power, heat transfer and vacuum technologies for the defense, space, energy and process industries, announced that it will release its fourth quarter and fiscal year 2024 financial results before financial markets open on Friday, June 7, 2024. The Company will host a conference call and webcast to review its financial and operating results, strategy, and outlook. A question-and-answer session will follow. Fourth Quarter and Fiscal Year 2024 Financial Results Conference Call Friday, June 7, 2024 11:00 a.m. Eastern Time Phone: (201) 689-8560 Internet webcast link and accompanying slid

Third Quarter Sales Grew 10% to $43.8 Million Driven by Defense Projects and Aftermarket Sales in Support of Refining and Petrochemical Markets 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 Income1 and Adjusted EBITDA1 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

Graham Corporation (NYSE:GHM), a global leader in the design and manufacture of mission critical fluid, power, heat transfer and vacuum technologies for the defense, space, energy and process industries, announced that it will release its third quarter fiscal year 2024 financial results before financial markets open on Monday, February 5, 2024. The Company will host a conference call and webcast to review its financial and operating results, strategy, and outlook. A question-and-answer session will follow. Third Quarter Fiscal Year 2024 Financial Results Conference Call Monday, February 5, 2024 11:00 a.m. Eastern Time Phone: (201) 689-8560 Internet webcast link and accompanying

18% growth in second quarter sales driven by 69% increase in defense market revenue Gross profit of $7.2 million increased $1.9 million from the prior year quarter, or 36%, on better mix of higher margin projects, better pricing, and improving execution Achieved net income of $0.4 million; adjusted net income1 improved to $1.4 million Aftermarket sales to the refining and petrochemical markets were a record $10.8 million, up 74%. Solid backlog of $313.3 million including 80% defense business Shipped final first article units for Columbia submarine and Ford Class carrier programs Refinanced lending facilities following close of quarter, improving flexibility and reducing c

Graham Corporation (NYSE:GHM), a global leader in the design and manufacture of mission critical fluid, power, heat transfer and vacuum technologies for the defense, space, energy and process industries, announced that it will release its second quarter 2024 financial results before financial markets open on Monday, November 6, 2023. The Company will host a conference call and webcast to review its financial and operating results, strategy, and outlook. A question-and-answer session will follow. Second Quarter 2024 Financial Results Conference Call Monday, November 6, 2023 11:00 a.m. Eastern Time Phone: (201) 689-8560 Internet webcast link and accompanying slide presentation: ir.graha

First Quarter Revenue Established a Quarterly Record of $47.6 Million Which Benefitted From Project Timing Sales Growth Driven by Defense Market Which Increased 133% Including Strength Across Defense Product Offerings Gross Margin Increased 440 Basis Points to 23.1% on Better Mix of Higher Margin Projects, Better Pricing, and Improving Execution Achieved Net Income of $2.6 Million; Earnings Per Diluted Share Increased More Than 300% Over the Prior-Year Period to $0.25 Received Orders of $67.9 Million in the Quarter, up $27.6 Million Year-Over-Year; Included $22 Million of Strategic Investment and Follow-on Orders From Major Defense Customer Drove Record Backlog of $322.0 Mil

Graham Corporation (NYSE:GHM), a global leader in the design and manufacture of mission critical fluid, power, heat transfer and vacuum technologies for the defense, space, energy and process industries, announced that it will release its first quarter 2024 financial results before financial markets open on Monday, August 7, 2023. The Company will host a conference call and webcast to review its financial and operating results, strategy, and outlook. A question-and-answer session will follow. First Quarter 2024 Financial Results Conference Call Monday, August 7, 2023 11:00 a.m. Eastern Time Phone: (201) 689-8560 Internet webcast link and accompanying slide presentation: ir.graha

Fiscal 2023 Sales growth driven by strength in aftermarket sales to refining and petrochemical markets and diversification into the space industry Net income for fiscal 2023 was $367 thousand, compared to loss in prior fiscal year; achieved adjusted EBITDA* of $7.7 million within guidance range despite $2.5 million reserve for inventory and bad debt for large space customer, net of associated performance-based compensation Fourth quarter revenue grew 8% to $43.0 million driven by strength in aftermarket and space industry Fourth quarter net loss of $481 thousand impacted by reserves for bad debt and inventory; adjusted EBITDA* of $1.2 million, or 2.9% of sales Fourth quarter or

Graham Corporation (NYSE:GHM), a global leader in the design and manufacture of mission critical fluid, power, heat transfer and vacuum technologies for the defense, space, energy and process industries, announced that it will release its fourth quarter and fiscal year 2023 financial results before financial markets open on Thursday, June 8, 2023. The Company will host a conference call and webcast to review its financial and operating results, strategy, and outlook. A question-and-answer session will follow. Fourth Quarter and Fiscal Year 2023 Financial Results Conference Call Thursday, June 8, 2023 11:00 a.m. Eastern Time Phone: (201) 689-8560 Internet webcast link and accompa

Third quarter sales increased 39%, or $11.1 million, to $39.9 million over prior-year period reflecting solid execution on strong demand from defense, refining aftermarket and space markets Shipped fourth first article unit to U.S. Navy and remain on schedule to deliver remaining first article units by the end of the second quarter of fiscal 2024 Achieved net income of $368 thousand, or $0.03 on a per diluted share basis Strong cash generation in quarter of $9 million included customer deposits received for materials on large defense projects Reduced debt by $5 million; bank leverage ratio down to 2.5x debt to adjusted EBITDA* Raising fiscal 2023 revenue guidance to $145 million

Graham Corporation (NYSE:GHM), a global leader in the design and manufacture of mission critical fluid, power, heat transfer and vacuum technologies for the defense, space, energy and process industries, announced that it will release its third quarter fiscal year 2023 financial results before financial markets open on Monday, February 6, 2023. The Company will host a conference call and webcast to review its financial and operating results, strategy, and outlook. A question-and-answer session will follow. Third Quarter Fiscal Year 2023 Financial Results Conference Call Monday, February 6, 2022 11:00 a.m. Eastern Time Phone: (201) 689-8560 Internet webcast link and accompanying slide

Graham Corporation Reports Second Quarter Fiscal 2023 Sales Growth of 12% and Record Backlog of $313 million Second quarter sales increased $4.0 million to $38.1 million over the prior-year period reflecting solid growth in space and Refining/Petrochemical Commercial Aftermarket Defense, space and other commercial represented 65% of revenue in the second quarter Reflecting a more diversified customer base net loss was $196 thousand and diluted earnings per share ("eps") was a loss of $0.02 per share; adjusted diluted eps* was $0.03 per share and adjusted EBITDA* was $1.5 million Shipped an additional U.S. Navy unit and remain on schedule to ship the remaining first article units by

Second quarter fiscal year 2023 financial results to be released before the market opens on November 7, 2022 with the related teleconference and webcast scheduled for 11:00 am ET that morning Graham Corporation (NYSE:GHM), a global leader in the design and manufacture of mission-critical fluid, power, heat transfer, and vacuum technologies for the defense, space, energy, and process industries, announced a record $92 million in orders for its second quarter of fiscal 2023. The second quarter order level was driven by: $70 million from the defense industry driven by repeat orders for critical U.S. Navy programs. Revenue from second quarter fiscal 2023 defense orders is expected to be rec

Sales of $36.1 million in the quarter, up 79%, or $15.9 million, over prior-year period reflecting strength of diversified revenue base and Barber-Nichols acquisition Defense and space revenue represented 45% of quarter revenue, validating strategic shift in business mix Shipped two, first article U.S. Navy projects for carrier and strategic submarine programs; additional U.S. Navy projects to ship as planned in fiscal 2023 Commercial aftermarket sales and orders increased 38% and 64%, respectively Record backlog of $260.7 million, up 2% sequentially with 80% related to defense and space Achieved first quarter net income of $676 thousand, or $0.06 per diluted share; adjusted net

Graham Corporation (NYSE:GHM), a global leader in the design and manufacture of mission critical fluid, power, heat transfer and vacuum technologies for the defense, space, energy and process industries, announced that it was awarded $40.3 million in orders during its first quarter fiscal year 2023. Within the $40.3 million of total orders, there were several orders and trends noteworthy of mention: $10.0 million for commercial aftermarket $7.3 million of combined pump/turbo pump orders to multiple customers in the space industry $7.0 million for vacuum distillation systems for a refinery in India $5.6 million of combined orders for critical U.S. Navy submarine and carrier programs

Graham Corporation (NYSE:GHM), a global leader in the design and manufacture of mission critical fluid, power, heat transfer and vacuum technologies for the defense, space, energy and process industries, announced that it will release its first quarter fiscal year 2023 financial results before financial markets open on Friday, July 29, 2022. The Company will host a conference call and webcast to review its financial and operating results, strategy, and outlook. A question-and-answer session will follow. First Quarter Fiscal Year 2023 Financial Results Conference Call Friday, July 29, 2022 10:00 a.m. Eastern Time Phone: (201) 689-8560 Internet webcast link and accompanying slide presentat

Orion Engineered Carbons (NYSE:OEC), a leading global supplier of specialty and high-performance carbon black, announced today that Jeffrey Glajch has accepted the role of chief financial officer for Orion with a planned joining date of April 18, 2022. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220216005768/en/Jeffrey Glajch (Photo: Business Wire) Glajch will succeed Bob Hrivnak, who currently serves in the dual role of interim CFO and chief accounting officer. Hrivnak will continue as chief accounting officer. Glajch has over 30 years of experience leading corporate finance and accounting control functions for both public a

Revenue of $28.8 million, up 6% over prior-year period; Fiscal year-to-date revenue increased 16% Diluted loss per share of $0.35 primarily due to Navy project labor and material cost overruns at Batavia facility Added more contract resources in Batavia, NY to ensure timely execution of defense projects; significantly contributed to third quarter loss Suspended dividend; obtained waiver of financial covenants and is working with lender to amend credit facility in fourth quarter Defense industry revenue and order backlog validate success of strategy to diversify beyond refining and petrochemical industry Defense revenue in quarter of $16.6 million represents 58% of total revenue

Graham Corporation (NYSE:GHM), a global business that designs, manufactures and sells critical equipment for the defense/space, energy/new energy and chemical/petrochemical industries, announced that it will release its third quarter fiscal year 2022 financial results after the close of financial markets on Monday, February 7, 2022. The Company will host a conference call and webcast to review its financial and operating results, strategy, and outlook. A question-and-answer session will follow. Third Quarter Fiscal Year 2022 Financial Results Conference Call Monday, February 7, 2022 4:45 p.m. Eastern Time Phone: (201) 689-8560 Internet webcast link and accompanying slide presentation: ww

Defense industry represented 58% of quarterly revenue and 49% year-to-date validating strategic expansion into the defense industry Revenue of $34.1 million, up 22% driven by acquisition Orders increased to $31.4 million, up 50% sequentially Backlog at quarter-end was $233.2 million; 78% from the defense industry Profits and margins heavily impacted by timing of lower margin defense projects Graham Corporation (NYSE:GHM), a global business that designs, manufactures and sells critical equipment for the defense/space, energy/new energy and chemical/petrochemical industries, today reported financial results for its second quarter and six months ended September 30, 2021, of the fisc

Graham Corporation (NYSE:GHM), a global business that designs, manufactures and sells critical equipment for the defense/space, energy/new energy and chemical/petrochemical industries, announced that it will release its second quarter fiscal year 2022 financial results before the opening of financial markets on Wednesday, October 27, 2021. The Company will host a conference call and webcast to review its financial and operating results, strategy and outlook. A question-and-answer session will follow. Second Quarter Fiscal Year 2022 Financial Results Conference Call Wednesday, October 27, 2021 11:00 a.m. Eastern Time Phone: (201) 689-8560 Internet webcast link and accompanying slide prese

Revenue of $20.2 million up 21%, driven by defense and refining industry sales Orders increased to $20.9 million including $11.4 million from the refining industry Backlog at quarter-end was $235.9 million; 80% of backlog was for the defense industry; Added space industry to backlog with acquisition of Barber Nichols Profits and margins heavily impacted by product mix Graham Corporation (NYSE:GHM), a global business that designs, manufactures and sells critical equipment for the defense, energy, and chemical/petrochemical industries, today reported financial results for its first quarter ended June 30, 2021 ("first quarter of fiscal 2022"). Results include one month of financials r

Graham Corporation (NYSE:GHM), a global business that designs, manufactures and sells critical equipment for the energy, defense and chemical/petrochemical industries, announced that it will release its first quarter fiscal year 2022 financial results before the opening of financial markets on Tuesday, August 10, 2021. The Company will host a conference call and webcast to review its financial and operating results, strategy and outlook. A question-and-answer session will follow. First Quarter Fiscal Year 2022 Financial Results Conference Call Tuesday, August 10, 2021 11:00 a.m. Eastern Time Phone: (201) 689-8560 Internet webcast link and accompanying slide presentation: www.graham-mfg.c