secwatch.observer — SEC 8-K summary
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Issuer:     Cadre Holdings, Inc. (CDRE)
CIK:        0001860543
Form:       8-K
Filed at:   2023-03-15T23:59:59+00:00
Accession:  0001558370-23-003877
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cadre Holdings Q4/FY2022: record sales $457.8M, adj. EBITDA $75.7M; FY2023 outlook $463-493M
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- Record full-year net sales $457.8M (+7.1% YoY); Q4 net sales $123.6M (+19.4% YoY).
- GAAP net income $5.8M ($0.16 diluted) for FY2022 vs $12.7M; Q4 net income $6.6M.
- Adjusted EBITDA $75.7M (16.5% margin) for FY2022 vs $71.4M; Q4 adj. EBITDA $22.4M (18.1% margin).
- FY2023 guidance: net sales $463-493M, adj. EBITDA $76-82M, conversion 87-90%.
- Declared Q1 dividend $0.08/share paid Feb 2023; cash $45.3M, net debt $104.4M at year-end.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1860543/000155837023003877/0001558370-23-003877-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1860543/000155837023003877/cdre-20230315x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-003877

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