Graham (GHM) Misses Q1 EPS by 20c

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Graham Corporation Reports Fiscal 2022 First Quarter Results

August 10, 2021 6:30 AM EDT

Revenue of $20.2 million up 21%, driven by defense and refining industry sales Orders increased to $20.9 million including $11.4 million from the refining industry Backlog at quarter-end was $235.9 million; 80% of backlog was for the defense industry; Added space industry to backlog with acquisition of Barber Nichols Profits and margins heavily impacted by product mix

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