Graham Corporation is a publicly traded company that specializes in the design and manufacturing of vacuum and heat transfer equipment
The company primarily serves the energy, aerospace, and chemical industries, providing innovative solutions for improving efficiency in thermal processes and operations. With a focus on advanced engineering and custom product development, Graham Corporation helps its clients optimize performance while ensuring safety and sustainability in various industrial applications. Their expertise encompasses a range of technologies, including ejectors, condensers, and heat exchangers, positioning them as a key player in the global market for critical thermal equipment.
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Graham Corporation has been on fire lately. In the past six months alone, the company’s stock price has rocketed 47.5%, reaching $43.27 per share. This was partly due to its solid quarterly results, and the performance may have investors wondering how to approach the situation.
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Shares of industrial fluid and energy systems manufacturer Graham Corporation (NYSEGHM)
jumped 19.7% in the afternoon session after the company reported strong third-quarter earnings which beat analysts' revenue, EBITDA, and EPS expectations.
Industrial fluid and energy systems manufacturer Graham Corporation (NYSEGHM) reported Q3 CY2024 results beating Wall Street’s revenue expectations, with sales up 18.8% year on year to $53.56 million. The company expects the full year’s revenue to be around $205 million, close to analysts’ estimates. Its GAAP profit of $0.30 per share was also 150% above analysts’ consensus estimates.
Industrial fluid and energy systems manufacturer Graham Corporation (NYSEGHM)
will be reporting results tomorrow morning. Here’s what investors should know.
