Sidoti Upgrades Graham Corporation (GHM) to Buy

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Graham Corporation Reports Solid Performance in Fiscal 2016 First Quarter

July 30, 2015 6:55 AM EDT

First quarter net sales were $27.6 million, down 3% compared with prior year First quarter net income was $2.4 million, or 9% of sales Backlog remains strong at $110.1 million

BATAVIA, N.Y., July 30, 2015 (GLOBE NEWSWIRE) -- 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 its financial and operating results for its first quarter ended June 30, 2015. Graham's current fiscal year ends March 31, 2016 ("fiscal... More