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News Breaks
August 14, 2014
06:58 EDTGHMGraham awarded two orders for $5M
Graham has been awarded two new orders totaling approximately $5M. One order is for a new Graham ejector system at a U.S. oil refinery. The second order is to replace existing Graham surface condensers at a Middle East liquefied natural gas facility. Both orders are expected to ship within nine to twelve months.
News For GHM From The Last 14 Days
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October 29, 2014
14:03 EDTGHMGraham downgraded to Neutral from Buy at Sidoti
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06:58 EDTGHMGraham narrows FY15 revenue to $125M-$130M from $120M-$130M
FY15 revenue consensus of $124.83M. Gross margin guidance for fiscal 2015 has been refined to a range of 30% to 31% from 30% to 32%, reflecting the project mix in backlog. SG&A expense guidance has also been tightened to between 15% and 15.5% of sales, which is above the rate for the first half of the year based on higher sales commissions anticipated in the second half of the year. Graham expects its fiscal 2015 full year tax rate to be approximately 33% to 34%, which remains unchanged from prior guidance.
06:57 EDTGHMGraham reports Q2 orders $35.4M
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06:56 EDTGHMGraham reports Q2 EPS 41c, consensus 27c
Reports Q2 revenue $35.6M, consensus $29.7M; Second quarter sales were driven by domestic petrochemical orders received during the first half of fiscal 2014 as well as from higher sales to oil refining markets in South America and the Middle East.

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