secwatch.observer — SEC 8-K summary
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Issuer:     GRAHAM CORP (GHM)
CIK:        0000716314
Form:       8-K
Filed at:   2022-11-07T23:59:59+00:00
Accession:  0001193125-22-278469
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Graham Q2 sales up 12% to $38.1M, record backlog $313M, reaffirms FY2023 guidance
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- Net loss $0.2M ($0.02 diluted loss); adjusted diluted EPS $0.03; adjusted EBITDA $1.5M vs $0.1M prior year.
- Record orders of $91.5M (book-to-bill 2.4x); backlog $313.3M, up 20% sequentially with 79% defense.
- Gross margin improved to 13.8% from 10.1% on better mix and execution.
- Revenue guidance reaffirmed: $135M-$150M; adjusted EBITDA $6.5M-$9.5M.
- Defense orders $69.6M driven by repeat U.S. Navy programs; expects first article projects to complete by Q1 FY2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/716314/000119312522278469/0001193125-22-278469-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/716314/000119312522278469/d314837d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-278469

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer