Graham (GHM) Reports In-Line Q3 EPS, Revenues Beat; Offers FY21 Revenue Mid-Point Guidance Above Consensus

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Graham Corporation Reports Sales of $27 million in Third Quarter Fiscal 2021

January 28, 2021 6:28 AM EST

Third quarter sales of $27 million yielded $0.11 earnings per share Orders were $61.8 million in the quarter including $52.3 million from the defense industry Record backlog of $149.7 million; 45% to 50% expected to ship in next twelve months Fiscal year 2021 revenue expected to be $93 million to $97 million with gross margin between 21% and 22%

BATAVIA, N.Y.--(BUSINESS... More