---
schema_version: "secwatch.filing_event.v1"
accession: "0000886346-23-000078"
form_type: "8-K"
ticker: "KAI"
cik: "0000886346"
company_name: "KADANT INC"
filed_at: "2023-05-02T23:59:59+00:00"
generated_at: "2026-06-16T04:23:04.739084+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Kadant reports record Q1 bookings of $275M, raises full-year EPS guidance

## Summary
- Bookings rose 3% YoY to a record $275M; revenue up 1% to $230M.
- GAAP net income $28M ($2.40 EPS), down 32% YoY; adjusted EPS up 5% to record $2.40.
- Adjusted EBITDA $49M (21.1% of revenue), up 6%; operating cash flow up 55% to $37M.
- Backlog reached record $393M; company raised full-year earnings guidance.
- Segment details not provided in release but cited record performance across most lines.

## SEC filing metadata
- accession: 0000886346-23-000078
- form_type: 8-K
- ticker: KAI
- cik: 0000886346
- company_name: KADANT INC
- filed_at: 2023-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/886346/000088634623000078/0000886346-23-000078-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/886346/000088634623000078/kai-20230502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000886346-23-000078
- JSON: https://secwatch.observer/filing/0000886346-23-000078.json
- Plain text: https://secwatch.observer/filing/0000886346-23-000078.txt

## Key facts
- Earnings Releases
  KADANT INC reported first quarter ended April 1, 2023 results: revenue $230 million, net income $28 million, EPS $2.40. Guidance raised.
  - Period: first quarter ended April 1, 2023
  - Revenue: $230 million
  - Net income: $28 million
  - EPS: $2.40
  - Guidance: raised
  - Result: reported results
  source text: Revenue increased 1% to $230 million • Net income decreased 32% to $28 million • GAAP EPS decreased 32% to $2.40
  evidence_url: https://www.sec.gov/Archives/edgar/data/886346/000088634623000078/0000886346-23-000078-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.