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KAI News and Press, Kadant Inc From 02/15/23

Stock Information

Company Name: Kadant Inc
Stock Symbol: KAI
Market: NYSE
Website: kadant.com

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KAI - Kadant Non-GAAP EPS of $2.33 beats by $0.31, revenue of $232.1M beats by $13.01M

Kadant press release ( NYSE: KAI ): Q4 Non-GAAP EPS of $2.33 beats by $0.31 . Revenue of $232.1M (+6.2% Y/Y) beats by $13.01M . Adjusted EBITDA increased 10% to $50 million and represented 21.3%* of revenue Operating cash flow decreased 42% to $35 million Endin...

KAI - Kadant Reports Fourth Quarter and Fiscal Year 2022 Results

WESTFORD, Mass., Feb. 15, 2023 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the fourth quarter and fiscal year ended December 31, 2022. Fourth Quarter Financial Highlights Revenue increased 6% to $232 million* Bookings decreased 7% to $215 mil...

KAI - Kadant to Hold Earnings Conference Call on Thursday, February 16, 2023

WESTFORD, Mass., Feb. 10, 2023 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it will release its 2022 fourth quarter and full-year results after the market closes on Wednesday, February 15, 2023 and will hold a webcast the next day, Thursday, February 16, 2023 at 11:00 a.m. eastern time. ...

KAI - Dividend Champion, Contender, And Challenger Highlights: Week Of January 29

Summary A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates. Companies with upcoming pay dates. Introduction The Dividend Champions list is a m...

KAI - Kadant Named to Newsweek's List of America's Most Responsible Companies 2023

WESTFORD, Mass., Jan. 25, 2023 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that it was named one of "America's Most Responsible Companies 2023" by Newsweek magazine. This was the third consecutive year Kadant has been included on the list which assesses companies on various En...

KAI - Kennametal: Still Appealing If Guidance Holds

Summary Kennametal had something of a rough start to its 2023 fiscal year, with sales rising but profits and cash flows pulling back in the first quarter. This is disappointing, but management's guidance still suggests that the company is a solid prospect. Add on top of this how che...

KAI - Kadant Backlog Demand Increases Due To E-Commerce Sales Increase; Appears Undervalued

Summary Kadant Inc. appears well-positioned in the field of engineering services and structural solutions. Further improvement in the company’s backlog will likely bring more revenue growth from 2023. I am quite optimistic about the recent increase in high mill activity and d...

KAI - Dividend Champion, Contender, And Challenger Highlights: Week Of January 1

Summary A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates. Companies with upcoming pay dates. Introduction The Dividend Champions list is a m...

KAI - Kadant Inc. (KAI) Q3 2022 Earnings Call Transcript

Kadant Inc. (KAI) Q3 2022 Earnings Conference Call November 02, 2022, 11:00 AM ET Company Participants Jeffrey Powell - President and CEO Michael McKenney - EVP and CFO Conference Call Participants Kurt Yinger - D.A. Davidson William Hyler - WDH Capit...

KAI - Dividend Champion, Contender, And Challenger Highlights: Week Of November 6

Summary A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates. Companies with upcoming pay dates. Introduction The Dividend Champions list ...

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