earnings
confidence high
sentiment positive
materiality 0.65
Kadant Q2 revenue up 13% to $222M, adjusted EPS up 11% to $2.24, backlog record $379M
KADANT INC
2022-Q2 EPS reported
$5.77
revenue$448,129,000
- Bookings increased 25% to $266M; revenue rose 13% to $222M.
- GAAP diluted EPS $2.24 (up 14%); adjusted diluted EPS $2.24 (up 11%).
- Adjusted EBITDA record $46M, margin 20.7%.
- Operating cash flow decreased 58% to $19M; backlog record $379M.