- Graham press release ( NYSE: GHM ): Q3 Non-GAAP EPS of $0.08.
- Revenue of $39.9M (+38.5% Y/Y) beats by $9.9M .
- Adjusted EBITDA of $2.2M in the quarter grew $4.8M versus the loss in the prior-year period.
- Reduced debt by $5 million; bank leverage ratio down to 2.5x debt to adjusted EBITDA.
- Raising fiscal 2023 revenue guidance to $145 million to $155 million vs. consensus of $141.22M and tightening adjusted EBITDA range to between $7.5 million and $8.5 million.
- Remain on track to reach strategic goals of $200M in revenue and 10% to 15% adjusted EBITDA in 2027.
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Graham Non-GAAP EPS of $0.08, revenue of $39.9M beats by $9.9M; raises FY23 guidance