Quarterly ResultAug 6, 2026, 06:47 AM
Graham Q1 Net Sales $71.3M, Adjusted EPS $0.49; Record Backlog $557.2M
AI Summary
Graham Corporation reported its first quarter fiscal 2027 results, achieving record net sales of $71.3 million, a 29% increase year-over-year, and a record backlog of $557.2 million. Adjusted net income per diluted share rose to $0.49, and Adjusted EBITDA increased by 28% to $8.8 million. However, GAAP net income per diluted share decreased to $0.33. The company also strengthened its balance sheet with $27.0 million in cash and no outstanding debt, following a $50.0 million investment and debt repayment. Full-year fiscal 2027 guidance was reaffirmed.
Key Highlights
- Net sales reached a record $71.3 million, a 29% increase year-over-year.
- Adjusted net income per diluted share was $0.49, up 9% from the prior year.
- Adjusted EBITDA increased 28% to $8.8 million, with a 12.3% margin.
- Orders were $95.9 million, resulting in a book-to-bill ratio of 1.3x.
- Backlog hit a record $557.2 million, a 15% increase over the prior year.
- Cash and cash equivalents stood at $27.0 million, with no outstanding debt.
- Fiscal 2027 guidance for net sales and adjusted EBITDA was reaffirmed.
Price Impact
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