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home / news releases / KAI - Kadant GAAP EPS of $2.54 revenue of $245.1M

KAI - Kadant GAAP EPS of $2.54 revenue of $245.1M

Kadant Inc

2023-08-01 16:55:53 ET

  • Kadant press release ( NYSE: KAI ): Q2 GAAP EPS of $2.54.
  • Revenue of $245.1M (+10.6% Y/Y).
  • Backlog was $363 million.
  • Raising our revenue and earnings guidance for the full year and now expect revenue of $925 to $940 million in 2023, and GAAP EPS of $9.11 to $9.31.
  • Expect adjusted EPS of $9.15 to $9.35 in 2023.
  • For the third quarter of 2023, we expect revenue of $229 to $236 million, GAAP EPS of $2.15 to $2.25.
  • For the third quarter of 2023, we expect adjusted EPS of $2.19 to $2.29.

For further details see:

Kadant GAAP EPS of $2.54, revenue of $245.1M
Stock Information
Company Name: Kadant Inc
Stock Symbol: KAI
Market: NYSE
Website: kadant.com
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