Graham (GHM) Misses Q2 EPS by 11c
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Graham Corporation Reports Sales Grew 22% for Second Quarter Fiscal 2022
October 27, 2021 6:30 AM EDTDefense industry represented 58% of quarterly revenue and 49% year-to-date validating strategic expansion into the defense industry Revenue of $34.1 million, up 22% driven by acquisition Orders increased to $31.4 million, up 50% sequentially Backlog at quarter-end was $233.2 million; 78% from the defense industry Profits and margins heavily impacted by timing of lower margin defense projects
BATAVIA, N.Y.--(BUSINESS... More
