Burnham Holdings, Inc. Reports Earnings Results for the First Quarter Ended April 02, 2023
April 24, 2023 at 11:30 am
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Burnham Holdings, Inc. reported earnings results for the first quarter ended April 02, 2023. For the first quarter, the company reported sales was USD 59.53 million compared to USD 52.44 million a year ago. Net income was USD 2.97 million compared to net loss of USD 0.755 million a year ago.
Basic earnings per share from continuing operations was USD 0.64 compared to basic loss per share from continuing operations of USD 0.16 a year ago. Diluted earnings per share from continuing operations was USD 0.64 compared to diluted loss per share from continuing operations of USD 0.16 a year ago.
Burnham Holdings, Inc. is a holding company of a group of subsidiaries that service the heating, ventilating, and air conditioning (HVAC) market segment. The Company's subsidiaries are domestic manufacturers of boilers and related HVAC products and accessories, including advanced control systems, furnaces, radiators, and air conditioning systems for residential, commercial, and industrial applications. Its residential subsidiaries provide interior comfort solutions for homes and small buildings. Its commercial heating applications include military bases, multi-unit residential buildings, health care, government, education, and hospital facilities. Its industrial applications include any project where steam or hot water is needed. Its product offerings include a range of cast iron, stainless steel, fire-tube, water-tube, and copper-tube boilers, as well as boiler room accessories, for commercial and industrial markets.
BURNHAM HOLDINGS, INC. 