secwatch.observer — SEC 8-K summary
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Issuer:     KADANT INC (KAI)
CIK:        0000886346
Form:       8-K
Filed at:   2024-02-14T23:59:59+00:00
Accession:  0000886346-24-000022
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/886346/000088634624000022/0000886346-24-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/886346/000088634624000022/kai-20240214.htm
  HTML page:      https://secwatch.observer/filing/0000886346-24-000022

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