Graham: Fiscal 1Q Earnings Snapshot
BATAVIA, N.Y. (AP) _ Graham Corp. (GHM) on Friday reported fiscal first-quarter earnings of $82,000.
On a per-share basis, the Batavia, New York-based company said it had net income of 1 cent. Earnings, adjusted for one-time gains and costs, were 10 cents per share.
The maker of vacuum and heat-transfer equipment posted revenue of $20.6 million in the period.
Graham expects full-year revenue in the range of $100 million to $105 million.
Graham shares have decreased roughly 9% since the beginning of the year. The stock has decreased 19% in the last 12 months.