Graham (GHM) Tops Q1 EPS by 3c
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July 29, 2016 6:55 AM EDT
First quarter revenue was $22 million, net income was $0.1 million or $0.01 per share; excluding a $0.4 million, nonrecurring restructuring charge, adjusted net income was $0.5 million, or $0.05 per shareFurther cost reductions were implemented to reduce annual operating costs by an estimated $2.7 million, $2.0 million of which is expected to be realized in fiscal 2017Backlog of $100 million at quarter end continues to reflect strength of diversification strategy
BATAVIA, N.Y., July 29, 2016 (GLOBE NEWSWIRE) -- Graham Corporation (NYSE: GHM), a global business that... More
July 28, 2016 4:15 PM EDT
BATAVIA, N.Y., July 28, 2016 (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, announced that its Board of Directors, at its regular meeting, declared a quarterly cash dividend of $0.09 per common share.
The dividend will be payable on August 25, 2016 to stockholders of record at the close of business on August 11, 2016.
ABOUT GRAHAM... More
