earnings
confidence high
sentiment positive
materiality 0.75
Graham Q1 sales up 79% to $36.1M; EPS $0.06 vs ($0.31); backlog record $260.7M
GRAHAM CORP
2023-Q1 EPS reported
$0.06
revenue$36,075,000
- Net income $0.7M ($0.06 diluted EPS) vs net loss $3.1M in prior year; adjusted EPS $0.12.
- Record backlog $260.7M, up 2% sequentially; 74% defense, 11% refinery.
- Orders $40.3M up 93% YoY; included $10M aftermarket, $7.3M space pumps, $7M India refinery.
- FY2023 guidance reaffirmed: revenue $135-150M, adj. EBITDA $6.5-9.5M (5-6% margin).
- Debt reduced to $17.1M from $18.4M; capex outlook $4.5-5.5M.