Kadant reports record FY revenue $958M (+6%), adjusted EPS $10.04 (+9%), cash flow record $166M

KADANT INC

2023-FY EPS reported $9.90 revenue$957,672,000

Q4 revenue $239M (+3%), GAAP EPS $2.33 (+4%), adjusted EPS $2.41 (+3%).
FY revenue record $958M (+6%); adjusted EPS record $10.04 (+9%); bookings $917M (-4%).
FY operating cash flow record $166M (+61%); free cash flow $134M (+80%).
Q4 bookings $218M (+1%); backlog $310M.
GAAP net income FY $116M (-4%) due to prior-year gain on facility sale.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

KADANT INC reported financial results for the fiscal quarter and year ended December 30, 2023.

Period: the fiscal quarter and year ended December 30, 2023
Result: reported results

Exact text from the filing

On February 14, 2024, Kadant Inc. (the “Company”) announced its financial results for the fiscal quarter and year ended December 30, 2023.

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Source: SEC EDGAR

accession 0000886346-24-000022

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