Burnham Holdings, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended October 01, 2023
October 19, 2023 at 01:49 pm
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Burnham Holdings, Inc. reported earnings results for the third quarter and nine months ended October 01, 2023. For the third quarter, the company reported sales was USD 59.71 million compared to USD 59.66 million a year ago. Net income was USD 0.792 million compared to USD 0.753 million a year ago. Basic earnings per share from continuing operations was USD 0.17 compared to USD 0.16 a year ago. Diluted earnings per share from continuing operations was USD 0.17 compared to USD 0.16 a year ago.
For the nine months, sales was USD 171.41 million compared to USD 164.59 million a year ago. Net income was USD 4.78 million compared to net loss of USD 1.08 million a year ago. Basic earnings per share from continuing operations was USD 1.03 compared to basic loss per share from continuing operations of USD 0.23 a year ago. Diluted earnings per share from continuing operations was USD 1.03 compared to diluted loss per share from continuing operations of USD 0.23 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. 
