secwatch.observer — SEC 8-K summary
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Issuer:     KADANT INC (KAI)
CIK:        0000886346
Form:       8-K
Filed at:   2022-11-01T23:59:59+00:00
Accession:  0000886346-22-000145
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kadant Q3 revenue up 12% to $225M, adjusted EPS record $2.38, bookings down 14%
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- Revenue $225M (+12% YoY); bookings $211M (-14%); backlog $350M.
- GAAP diluted EPS $2.35 (+34%); adjusted diluted EPS $2.38 (+21%).
- Adjusted EBITDA record $48M (21.3% of revenue, +17% YoY).
- Operating cash flow $25M (-34% vs prior year).
- Net income $27M, up 34% from $20M in Q3 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/886346/000088634622000145/0000886346-22-000145-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/886346/000088634622000145/kai-20221101.htm
  HTML page:      https://secwatch.observer/filing/0000886346-22-000145

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