Graham Corporation (NYSE:GHM) Files An 8-K Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition.
On January 29, 2020, Graham Corporation (the Company) issued a press release describing its results of operations and financial condition for its third quarter and nine months ended December 31, 2019. The Companys press release is attached to this Current Report on Form 8-K as Exhibit 99.1.
Item 8.01. Other Events.
On January 28, 2020, the Company issued a press release announcing the payment of a cash dividend. The Companys press release is attached to this Current Report on Form 8-K as Exhibit 99.2.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
| 99.2 | | Press Release dated January 28, 2020 regarding the payment by Graham Corporation of a cash dividend. |
GRAHAM CORP Exhibit
EX-99.1 2 d796391dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 IMMEDIATE RELEASE Graham Corporation Reports Fiscal 2020 Third Quarter and Year-to-Date Results Third quarter revenue of $25 million; third quarter orders of $20 million Backlog remains strong at $123 million as of December 31 Reiterating fiscal 2020 revenue guidance of 20% to 26% growth and revising gross margin to between 21% and 22% BATAVIA,…
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About Graham Corporation (NYSE:GHM)
Graham Corporation designs, manufactures and sells critical equipment for the energy, defense and chemical/petrochemical industries. The Company designs and manufactures custom-engineered ejectors, vacuum pumping systems, surface condensers and vacuum systems. It is a nuclear code accredited fabrication and specialty machining company. It supplies components used inside reactor vessels and outside containment vessels of nuclear power facilities. Its equipment is found in applications, such as metal refining, pulp and paper processing, water heating, refrigeration, desalination, food processing, pharmaceutical, heating, ventilating and air conditioning. For the defense industry, its equipment is used in nuclear propulsion power systems for the United States Navy. The Company’s products are used in a range of industrial process applications in energy markets, including petroleum refining, defense, chemical and petrochemical processing, power generation/alternative energy and other.