Graham Corp Reveals 88% Retreat In Q4 Profit

(RTTNews) - Graham Corp (GHM) released earnings for fourth quarter that fell from last year.

The company said its earnings totaled $0.52 million, or $0.05 per share. This was down from $4.17 million, or $0.41 per share, in last year's fourth quarter.

The company said revenue for the quarter fell 40.5% to $22.30 million. This was down from $37.46 million last year.

Graham Corp earnings at a glance:

-Earnings (Q4): $0.52 Mln. vs. $4.17 Mln. last year. -Earnings Decline (Y-o-Y): -87.5% -EPS (Q4): $0.05 vs. $0.41 last year. -EPS Decline (Y-o-Y): -87.8% -Revenue (Q4): $22.30 Mln vs. $37.46 Mln last year. -Revenue Change (Y-o-Y): -40.5%