Burnham Holdings, Inc. Announces Results of the Annual Meeting Shareholders' Vote and Declares Dividend

Burnham Holdings, Inc. (OTC: BURCA) held its Annual Meeting on April 27, 2026, where shareholders voted favorably on the election of two directors and the appointment of Baker Tilly US, LLP as independent auditors. The Board declared a quarterly common stock dividend of $0.23 per share and a semi-annual preferred stock dividend of $1.50 per share, both payable on June 25, 2026.

04/27/2026, 3:48 PM • Benzinga

Burnham Holdings, Inc. Reports Strong First Quarter 2026 Financial Results; Net Sales Surge 18.7% to $66.2 Million

Burnham Holdings, Inc. (OTC: BURCA) reported strong Q1 2026 results with net sales reaching $66.2 million, up 18.7% year-over-year. The company achieved net income of $3.4 million ($0.72 per diluted share), up 36% from Q1 2025, with gross profit margins improving to 26.6% and EBITDA reaching 9.7% of net sales. The performance reflects strategic portfolio adjustments from 2025 focused on strengthening its core boiler business.

04/27/2026, 11:30 AM • Benzinga

Burnham Holdings Announces Court-Supervised Restructuring for Crown Boiler Company Subsidiary

Burnham Holdings Inc. announced that its wholly-owned subsidiary Crown Boiler Co. has filed for voluntary Chapter 11 bankruptcy protection on February 25, 2026, to resolve legacy obligations following a previous operational wind-down. The company received a waiver from its banking group and remains focused on its core boiler and commercial service platforms for long-term growth.

02/27/2026, 3:08 PM • Benzinga

Burnham Holdings, Inc. Announces Fourth Quarter 2025 Financial Results

Burnham Holdings reported record Q4 2025 net sales of $91.1 million (up 13.8% YoY) and full-year sales of $258.1 million. However, the company posted a net loss of $31.3 million in Q4 and $21.5 million for the full year, primarily due to a $23.5 million loss on divesting legacy asbestos liabilities and a $23.0 million pension settlement charge. Adjusted EBITDA improved to $12.0 million in Q4 and $21.9 million for the year, with adjusted diluted EPS reaching an all-time high of $2.55 for 2025.

02/19/2026, 4:46 PM • Benzinga

Burnham Holdings, Inc. Announces Major Strategic Initiatives

Burnham Holdings, Inc. (BURCA) announced strategic initiatives to divest legacy asbestos liabilities by selling subsidiaries with these liabilities to Burnham Industries, LLC (an affiliate of FARA). The transaction, funded partially by proceeds from previous divestitures, will eliminate BHI's financial exposure to asbestos claims while allowing the company to focus on core boiler business growth. BHI expects a pre-tax loss of approximately $24 million in Q4 2025 from this transaction.

12/31/2025, 10:52 AM • Benzinga

Burnham Holdings, Inc. Announces Dividend and Annual Meeting Date

Burnham Holdings, Inc. declared a quarterly common stock dividend of $0.23 per share and a semi-annual preferred stock dividend of $1.50 per share, payable on December 30, 2025. The company's Annual Meeting will be held virtually on April 27, 2026.

12/11/2025, 2:52 PM • Benzinga

U.S. Boiler Unveils State-of-the-Art Condensing Center of Excellence Expansion in Lancaster, Cementing Commitment to American Manufacturing and Job Growth

U.S. Boiler Company, a Burnham Holdings subsidiary, celebrated the opening of a new 45,000-square-foot Condensing Center of Excellence in Lancaster, PA, focusing on advanced, energy-efficient boiler production and reinforcing local manufacturing capabilities.

10/24/2025, 2:45 PM • Benzinga

Burnham Holdings, Inc. Announces Third Quarter 2025 Financial Results

Burnham Holdings reported strong Q3 2025 financial performance with net sales of $58.3 million, a 5.3% increase from 2024. The company strategically divested subsidiaries, improved gross profit margins, and transferred pension obligations to enhance financial flexibility.

10/23/2025, 6:09 PM • Benzinga