Graham Corporation Reports Fiscal 2020 Fourth Quarter and Full Year Results

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Go back to Graham Corporation Reports Fiscal 2020 Fourth Quarter and Full Year Results

Graham (GHM) Tops Q4 EPS by 23c, Revenues Beat

June 10, 2020 6:34 AM EDT

Graham (NYSE: GHM) reported Q4 EPS of $0.06, $0.23 better than the analyst estimate of ($0.17). Revenue for the quarter came in at $23 million versus the consensus estimate of $22 million.

Q4 revenue of $23.1 million reflected approximately $7 million in delayed revenue as a result of the COVID-19 global pandemicQ4 EPS was $0.06; fiscal year 2020 EPS was $0.19High quality backlog of $112 million at end of year; Defense industry comprises 52% of backlogStrong balance sheet provides ample liquidity with cash balance of $73 million at March 31, 2020

James R. Lines, Grahams President and Chief Executive... More