Burnham Holdings, Inc. Reports Earnings Results for the Third Quarter Ended September 26, 2021
October 14, 2021 at 12:02 am
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Burnham Holdings, Inc. announced earnings results for the third quarter ended September 26, 2021. For the third quarter, the company announced sales was USD 53.257 million compared to USD 48.651 million a year ago. Operating loss was USD 1.595 million compared to operating Income of USD 1.969 million a year ago. Net loss was USD 1.343 million compared to net income of USD 1.474 million a year ago. For the nine months, sales was USD 140.813 million compared to USD 117.990 million a year ago. Operating loss was USD 5.398 million compared to operating Income of USD 12,000 a year ago. Net loss was USD 4.405 million compared to net income of USD 32,000 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. 
