Graham Corporation Reports Q2 Non-GAAP EPS Beat and Revenue Growth
Graham Corporation (GHM) reported second quarter financial results featuring a Non-GAAP earnings per share of $0.52, exceeding analyst expectations by $0.09. While revenue reached $69.8 million—a 5.7% increase year-over-year—it fell slightly short of estimates by $1.27 million. The company demonstrated significant margin expansion, with gross profit rising 38% to $19.7 million. The gross profit margin improved to 28.2%, representing a 650 basis point increase compared to the previous year, which management attributed to operational efficiencies and an improved product mix.
Tickers: $GHM
Topics: earnings beat financial results gross profit margin revenue miss