Skip to main content

Graham: Fiscal Q3 Earnings Snapshot

BATAVIA, N.Y. (AP) — BATAVIA, N.Y. (AP) — Graham Corp. (GHM) on Friday reported fiscal third-quarter profit of $2.8 million.

The Batavia, New York-based company said it had profit of 25 cents per share. Earnings, adjusted for non-recurring costs, were 31 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 17 cents per share.

The maker of vacuum and heat-transfer equipment posted revenue of $56.7 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $51.4 million.

Graham expects full-year revenue in the range of $233 million to $239 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GHM at https://www.zacks.com/ap/GHM

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
Read Next Story