earnings
confidence high
sentiment positive
materiality 0.70
Kadant Q2 revenue up 12% to record $275M; adjusted EPS $2.81 (record)
KADANT INC
2024-Q2 EPS reported
$4.76
revenue$523,740,000
- Revenue of $275M (+12% YoY) and adjusted EBITDA of $62M (record 22.5% of revenue).
- GAAP EPS $2.66 (+5%); adjusted EPS $2.81 (+11%), both records.
- Operating cash flow $28M (+25%); free cash flow $23M (+69%).
- Bookings rose 17% YoY to $252M; gross margin 44.4%.
- Net income $31M (+5%).