secwatch.observer — SEC 8-K summary
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Issuer:     KADANT INC (KAI)
CIK:        0000886346
Form:       8-K
Filed at:   2024-07-30T23:59:59+00:00
Accession:  0000886346-24-000129
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kadant Q2 revenue up 12% to record $275M; adjusted EPS $2.81 (record)
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- 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%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/886346/000088634624000129/0000886346-24-000129-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/886346/000088634624000129/kai-20240730.htm
  HTML page:      https://secwatch.observer/filing/0000886346-24-000129

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