secwatch.observer — SEC 8-K summary
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Issuer:     KADANT INC (KAI)
CIK:        0000886346
Form:       8-K/A
Filed at:   2023-11-06T23:59:59+00:00
Accession:  0000886346-23-000151
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kadant Q3 revenue $244M (+9%), adj. EPS $2.69 record, raises FY guidance
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- Revenue $244M (+9% YoY), GAAP diluted EPS $2.63 (+12%), adjusted diluted EPS $2.69 (+13%) record.
- Adjusted EBITDA $53M (21.6% margin) record; operating cash flow $47M (+89%), free cash flow $38M (+106%).
- Bookings decreased 1% to $210M; backlog $324M.
- Company raises full-year 2023 revenue and earnings guidance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/886346/000088634623000151/0000886346-23-000151-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/886346/000088634623000151/kai-20231031.htm
  HTML page:      https://secwatch.observer/filing/0000886346-23-000151

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