secwatch.observer — SEC 8-K summary
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Issuer:     KADANT INC (KAI)
CIK:        0000886346
Form:       8-K
Filed at:   2024-10-29T23:59:59+00:00
Accession:  0000886346-24-000160
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 up 11% to $272M; record adjusted EPS $2.84, EBITDA margin 23.3%
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- GAAP EPS $2.68 (+2% YoY); adjusted EPS $2.84 (+6% YoY), a record.
- Adjusted EBITDA $63M, a record 23.3% of revenue; operating cash flow $52M (+12%).
- Bookings rose 15% to $240M; gross margin 44.7%.
- Free cash flow increased 27% to $48M.
- Revenue $272M up 11% YoY driven by organic growth and acquisitions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/886346/000088634624000160/0000886346-24-000160-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/886346/000088634624000160/kai-20241029.htm
  HTML page:      https://secwatch.observer/filing/0000886346-24-000160

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