Graham Corp (GHM) announced an increase in its third-quarter profit compared to the previous year. The company's net income reached $1.59 million, or $0.14 per share, a significant rise from last year’s $0.17 million, or $0.02 per share.
After adjusting for certain items, Graham Corp reported adjusted earnings of $1.97 million, or $0.18 per share, for the quarter.
Revenue for the quarter saw a growth of 7.3%, climbing to $47.04 million from $43.82 million in the same period last year.
Key financial highlights for Graham Corp (GAAP):
- Earnings: $1.59 million, up from $0.17 million last year.
- EPS (Earnings Per Share): $0.14, compared to $0.02 last year.
- Revenue: $47.04 million, an increase from $43.82 million last year.
**Guidance**: For the full year, the company anticipates revenue to be in the range of $200 million to $210 million.
