secwatch.observer — SEC 8-K summary
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Issuer:     GRAHAM CORP (GHM)
CIK:        0000716314
Form:       8-K
Filed at:   2024-11-08T23:59:59+00:00
Accession:  0001193125-24-253688
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 Q2: record revenue $53.6M, gross margin 23.9% (+790bps), backlog $407M, raises FY adj EBITDA guidance
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- Record Q2 net sales $53.6M, +19% YoY; net income $3.3M ($0.30 diluted) vs $0.4M ($0.04) last year.
- Gross margin expanded 790bps to 23.9%; adjusted EBITDA margin +550bps to 10.5%.
- Orders $63.7M, book-to-bill 1.2x; backlog record $407M, +30% YoY.
- Raised FY2025 gross margin guidance to 23-24% (from 22-23%) and adj EBITDA to $18-21M (from $16.5-19.5M).
- Cash $32.3M, no debt; capex guidance increased to $13-18M for land and testing facility.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/716314/000119312524253688/0001193125-24-253688-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/716314/000119312524253688/d836703d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-253688

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