secwatch.observer — SEC 8-K summary
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Issuer:     KADANT INC (KAI)
CIK:        0000886346
Form:       8-K
Filed at:   2022-08-02T23:59:59+00:00
Accession:  0000886346-22-000122
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kadant Q2 revenue up 13% to $222M, adjusted EPS up 11% to $2.24, backlog record $379M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/886346/000088634622000122/0000886346-22-000122-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/886346/000088634622000122/kai-20220802.htm
  HTML page:      https://secwatch.observer/filing/0000886346-22-000122

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