Graham Corp Q1 Sales Surge 29%, Crushing Estimates
GHM has more than doubled off its 52-week low of $46.08.
Summary
Graham Corp delivered a strong fiscal Q1, with revenue jumping 29% to $71.34M, well above the $65.6M consensus. Adjusted EBITDA of $8.75M also beat expectations by 25%. The beat was driven by higher defense and space sales, though gross margin slipped 150 bps on mix. Management reaffirmed full-year guidance, signaling confidence in the $285M-$295M revenue target. This follows a record fiscal 2026 and recent $43M in defense contract wins, reinforcing the growth narrative. The stock, down 17% after last quarter's EPS miss, may see relief on this top-line strength.
At the time of this announcement, GHM was trading at $104.54 on NYSE in the Manufacturing sector, with a market capitalization of approximately $1.2B. The 52-week trading range was $46.08 to $125.82. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.