Burnham Holdings Inc. has announced its financial results for the second quarter of 2025, highlighting significant growth and strategic adjustments. The company reported net sales of $53.0 million for Q2 2025, marking an 8.5% increase compared to the same period in 2024. For the first half of 2025, net sales climbed to $108.7 million, up from $97.7 million in the first half of 2024. The company's adjusted EBITDA for the first half of 2025 reached $9.0 million, representing 7.5% of net sales, up from $8.5 million in the first half of the previous year. Adjusted net income for Q2 2025 rose to $1.1 million from $0.8 million in 2024, with first-half adjusted net income totaling $4.5 million, compared to $3.8 million previously. These adjusted figures exclude the impact of the sale of subsidiaries Thermo Pride, LLC, and Norwood Manufacturing, Inc., as well as impairment losses from the wind down of Crown Boiler operations. Adjusted diluted earnings per share for the second quarter improved to $0.23, an increase from $0.18 in 2024. Year-to-date adjusted diluted earnings per share were $0.95, compared to $0.81 for the first half of 2024. Burnham Holdings has made strategic portfolio adjustments, including the divestiture of Thermo Pride and Norwood Manufacturing and the wind down of Crown Boiler operations, to focus on its core boiler business and expand commercial and industrial service offerings. The company maintained strong gross profit margins of 21.6% in Q2 2025 and increased its selling, general, and administrative expenses by over 18% to support planned initiatives for future growth.