secwatch.observer — SEC 8-K summary
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Issuer:     KADANT INC (KAI)
CIK:        0000886346
Form:       8-K
Filed at:   2023-02-15T23:59:59+00:00
Accession:  0000886346-23-000016
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kadant reports record FY2022 revenue $905M, GAAP EPS $10.35 (+44%); Q4 EPS $2.23 (+8%)
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- Q4 revenue $232M (+6% YoY); GAAP diluted EPS $2.23 (+8%); adjusted diluted EPS $2.33 (+1%).
- FY2022 revenue $905M (+15%); net income $121M (+44%); adjusted diluted EPS $9.24 (+18%).
- Q4 bookings down 7% to $215M; FY bookings up 7% to $958M; ending backlog $345M.
- FY2022 operating cash flow $103M, down 37% YoY; Q4 operating cash flow $35M, down 42%.
- Adjusted EBITDA margin 20.9% for FY (record); Q4 margin 21.3%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/886346/000088634623000016/0000886346-23-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/886346/000088634623000016/kai-20230215.htm
  HTML page:      https://secwatch.observer/filing/0000886346-23-000016

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