Graham (GHM) Misses Q4 EPS by 5c

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Graham Corporation Reports Fiscal 2021 Fourth Quarter and Full Year Results

June 1, 2021 9:05 AM EDT

Fourth quarter fiscal 2021 revenue up 11% over prior-year period, driven by refining and defense industry sales Orders were for the year were $121.6 million including $69.2 million from the defense industry Backlog at fiscal year-end was $137.6 million; 76% of backlog was for the defense industry Graham furthers strategic diversification into defense industry with $70 million acquisition of Barber-Nichols Inc., a specialty turbomachinery company

BATAVIA, N.Y.--(BUSINESS... More