secwatch.observer — SEC 8-K summary
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Issuer:     GRAHAM CORP (GHM)
CIK:        0000716314
Form:       8-K
Filed at:   2023-06-08T23:59:59+00:00
Accession:  0001193125-23-163033
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Graham Corp fiscal 2023 sales $157.1M (+28%), net income $367K; FY2024 revenue guidance $165-175M
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- Record annual sales $157.1M, up 28% YoY; net income $367K vs prior year loss of $8.8M.
- Adjusted EBITDA $7.7M within guidance despite $2.5M reserve for space customer bankruptcy.
- Record fiscal year orders $202.7M (book-to-bill 1.3x); backlog $301.7M at year-end.
- Fiscal 2024 guidance: revenue $165-175M, adjusted EBITDA $10.5-12.5M (mid-point up ~49% YoY).
- Raised fiscal 2027 strategic goals: >$200M revenue and low-to-mid teens adjusted EBITDA margins.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/716314/000119312523163033/0001193125-23-163033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/716314/000119312523163033/d485209d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-163033

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