**Graham Corporation Reports Q1 Fiscal 2025 Financial Results**

**Graham Corporation Reports Q1 Fiscal 2025 Financial Results** Graham Corporation (NYSE:GHM) today announced its financial results for the first quarter of fiscal 2025, ending on June 30, 2024. ### Key Financial Metrics: | Metric | Q1 FY 2025 | Q4 FY 2024 | Q1 FY 2024 | YoY Change | QoQ Change | Consensus | |-----------------------------|-------------|-------------|-------------|-------------|-------------|-----------| | Revenue | $50.0M | $47.6M | $47.6M | +5% | +5% | $50.1M | | Earnings Per Share (EPS) | $0.15 | $0.13 | $0.13 | +15% | +15% | $0.15 | | Net Income | $3.0M | $2.7M | $2.7M | +12% | +12% | - | | Adjusted Net Income (1) | $3.6M | $3.3M | $3.0M | +20% | +9% | - | | Adjusted EBITDA (1) | $5.1M | $4.4M | $4.3M | +19% | +16% | - | Graham Corporation delivered solid performance this quarter, with record revenue of $50.0 million, representing a 5% year-over-year increase. The company’s EPS met the consensus estimate of $0.15, showcasing consistent profitability and growth. ### Revenue Performance by Segment: | Segment | Q1 FY 2025 Revenue | Q1 FY 2024 Revenue | YoY Change | |-----------------------------|---------------------|--------------------|------------| | Defense | $28.8M | $22.5M | +28% | | Refining, Chemical/Petrochem| $7.8M | $10.8M | -28% | | Other | $13.4M | $14.3M | -6% | The defense segment notably drove performance with a 28% year-over-year revenue increase, while the refining, chemical/petrochemical segments observed a decline largely due to project timing variabilities. ### Key Operational Data: | Metric | Value | |------------------------|---------------| | Orders | $55.8M | | Book-to-Bill Ratio | 1.1x | | Backlog | $396.8M | | Cash and Equivalents | $21.6M | | Capital Expenditures | $3.0M | | No Debt | $0 | With orders of $55.8 million and a backlog of nearly $400 million, Graham Corporation’s strong balance sheet and no debt position highlight the company’s financial health and operational efficiency. ### Comments from Company Officers: President and CEO Daniel J. Thoren remarked, “We are delivering consistent improvement, solid growth, and strengthening profitability. Our nearly $400 million in backlog provides visibility and the growth of our defense business has reduced economic sensitivity due to steady program renewals and new opportunities with the U.S. Navy.” ### Dividends and Share Repurchase Program: No dividends or share repurchase programs were announced in the earnings release. ### Forward Guidance: Graham Corporation reaffirmed their fiscal 2025 outlook, indicating confidence in their ongoing strategic initiatives and market positioning. ### Stock Price Movement: Post-earnings release, the company’s stock saw no percentage change, indicating a neutral reception from the market to the announced financial results. Graham Corporation’s Q1 FY 2025 results reflect its strong operational execution and strategic focus on high-margin segments, particularly in the defense market, solidifying its future growth trajectory. --- Sources: - Graham Corporation Earnings Release - Business Wire