---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-023415"
form_type: "8-K"
ticker: "GHM"
cik: "0000716314"
company_name: "GRAHAM CORP"
filed_at: "2024-02-05T23:59:59+00:00"
generated_at: "2026-06-06T09:30:20.571098+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Graham Corp Q3 sales up 10% to $43.8M; gross margin +660bps to 22.2%; record orders $123.3M

## Summary
- Net income $0.2M ($0.02 diluted EPS); adjusted net income $2.4M ($0.22 diluted EPS).
- Record orders of $123.3M, primarily U.S. Navy follow-ons; backlog reached $399.2M (84% defense).
- Raised FY2024 guidance: net sales $175-185M, adjusted EBITDA $15-16M from previous $11.5-13.5M.
- Acquired P3 Technologies on Nov 9, 2023; debt reduced to $3.0M, fully paid post-quarter.
- Cash from operations $19.5M YTD; new $50M revolving credit facility with lower costs.

## SEC filing metadata
- accession: 0001193125-24-023415
- form_type: 8-K
- ticker: GHM
- cik: 0000716314
- company_name: GRAHAM CORP
- filed_at: 2024-02-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/716314/000119312524023415/0001193125-24-023415-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/716314/000119312524023415/d759185d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-023415
- JSON: https://secwatch.observer/filing/0001193125-24-023415.json
- Plain text: https://secwatch.observer/filing/0001193125-24-023415.txt

## Key facts
- Earnings Releases
  GRAHAM CORP reported third quarter ended December 31, 2023 results: revenue $43.8 million, net income $0.2 million, EPS $0.02 per diluted share. Guidance raised.
  - Period: third quarter ended December 31, 2023
  - Revenue: $43.8 million
  - Net income: $0.2 million
  - EPS: $0.02 per diluted share
  - Guidance: raised
  - Result: reported results
  source text: News Release Graham Corporation ̈ 20 Florence Avenue ̈ Batavia, NY 14020 IMMEDIATE RELEASE G RAHAM C ORPORATION ’ S G ROSS M ARGIN E XPANDS 660 B ASIS P OINTS ON S ALES OF $43.8 MILLION IN T HIRD Q UARTER OF F ISCAL 2024 • T HIRD QUARTER SALES GREW 10% TO $43.8 MILLION DRIVEN BY DEFENSE PROJECTS AND AFTERMARKET SALES IN SUPPORT OF REFINING AND PETROCHEMICAL
  evidence_url: https://www.sec.gov/Archives/edgar/data/716314/000119312524023415/0001193125-24-023415-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.