2023-08-07 06:41:17 ET
- Graham press release ( NYSE: GHM ): FQ1 Non-GAAP EPS of $0.33.
- Revenue of $47.6M (+31.9% Y/Y) beats by $7.56M .
- Received Orders of $67.9 Million in the Quarter, up $27.6 Million Year-Over-Year; Included $22 Million of Strategic Investment and Follow-on Orders From Major Defense Customer.
- Drove Record Backlog of $322.0 Million, up 24% Year-Over-Year.
- Raises Fiscal 2024 Guidance Based on Strong First Quarter Performance : Revenue: of $170 million to $180 million vs. consensus of $170.22M; Adjusted EBITDA of $11.5 million to $13.5 million; Effective tax rate of ~22%-23%; Capital expenditures of $12.0 million to $13.5 million.
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Graham reports FQ1 earnings; raises FY23 outlook