secwatch.observer — SEC 8-K summary
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Issuer:     Cadre Holdings, Inc. (CDRE)
CIK:        0001860543
Form:       8-K
Filed at:   2021-12-02T23:59:59+00:00
Accession:  0001104659-21-145925
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cadre Holdings Q3 net sales $98.7M, adjusted EBITDA margin expands to 15.6%; initiates dividend
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- Net loss of $5.3M ($0.19/sh) includes $15.2M loss on debt extinguishment; net income was $6.4M in prior-year quarter.
- Adjusted EBITDA $15.4M vs $15.0M YoY; adjusted EBITDA margin improved 140 bps to 15.6%.
- Gross margin expanded to 39.8% from 37.8% driven by favorable pricing and product mix.
- Completed IPO of 6.9M shares at $13.00, net proceeds ~$78.3M; used $38.9M to repay term loan and $20.5M revolver.
- Declared quarterly cash dividend of $0.08/share, payable Dec 7 to holders of record Nov 22 (first dividend).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1860543/000110465921145925/0001104659-21-145925-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1860543/000110465921145925/tm2134394d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-145925

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