secwatch.observer — SEC 8-K summary
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Issuer:     KADANT INC (KAI)
CIK:        0000886346
Form:       8-K
Filed at:   2021-08-03T23:59:59+00:00
Accession:  0000886346-21-000113
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kadant posts record Q2 2021; revenue up 28%, adjusted EPS up 90% YoY
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- Revenue $196M (+28% YoY); GAAP diluted EPS $1.96 (+96%); net income $23M (+97%).
- Adjusted diluted EPS $2.01 (+90%); adjusted EBITDA $41M (21.1% of revenue).
- Bookings $213M (+60% YoY); backlog $242M, reflecting strong demand.
- Operating cash flow $44M (+101%); free cash flow $42M (+100%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/886346/000088634621000113/0000886346-21-000113-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/886346/000088634621000113/kai-20210803.htm
  HTML page:      https://secwatch.observer/filing/0000886346-21-000113

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer