secwatch.observer — SEC 8-K summary
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Issuer:     GRAHAM CORP (GHM)
CIK:        0000716314
Form:       8-K
Filed at:   2024-08-07T23:59:59+00:00
Accession:  0001193125-24-195406
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 Q1 revenue record $50M, net income up 12%, gross margin expands to 24.8%
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- Revenue $49.95M (+5% YoY); net income $2.97M (+12%); diluted EPS $0.27; adjusted EPS $0.33 (+18%).
- Gross margin 24.8% (+170 bps); $2.1M BlueForge Alliance grant for defense welder training included.
- Orders $55.8M (book-to-bill 1.1x); backlog $396.8M (+23% YoY); defense orders 51% of total.
- FY2025 guidance reaffirmed: net sales $200-210M, adjusted EBITDA $16.5-19.5M, gross margin 22-23%.
- Balance sheet: no debt, cash $21.6M, $29M available on revolver; new 29k sq ft facility planned.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/716314/000119312524195406/0001193125-24-195406-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/716314/000119312524195406/d867574d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-195406

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