Graham Corporation Reports Fiscal 2020 Second Quarter and First Half Results

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Graham (GHM) Tops Q2 EPS by 7c, Revenues Beat; Reaffirms FY20 Revenue Mid-Point Guidance Above Consensus

October 30, 2019 6:40 AM EDT

Graham (NYSE: GHM) reported Q2 EPS of $0.12, $0.07 better than the analyst estimate of $0.05. Revenue for the quarter came in at $22 million versus the consensus estimate of $20.63 million.

Second quarter revenue of $22 million; EPS of $0.12Second quarter orders of $33 millionExpecting fiscal 2020 book-to-bill ratio in excess of 1x; backlog grew to $128 million at September 30

James R. Lines, Grahams President and Chief Executive Officer, commented, Our second quarter results were in line with our expectations and... More