Cadre Holdings Q1 net sales $111.7M, net income $7.0M, reaffirms FY2023 guidance

Cadre Holdings, Inc.

2023-Q1 EPS reported $0.19 revenue$111,748,000

Net sales $111.7M (+7% YoY); net income $7.0M vs net loss $10.2M in prior year.
Gross profit margin 41.7% (up 320 bps); Adjusted EBITDA $18.6M (+31% YoY) margin 16.6%.
Declared quarterly dividend $0.08/share (annualized $0.32); payable May 19 to holders of record May 5.
Reaffirmed FY2023 guidance: net sales $463-493M, Adj EBITDA $76-82M, capex $8.5-9.5M.
CEO notes patient M&A approach; expects attractive opportunities to materialize in 2023.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Cadre Holdings, Inc. reported quarter ended March 31, 2023 results: revenue $111.7 million, net income $7.0 million, EPS $0.19 per diluted share. Guidance reaffirmed.

Period: quarter ended March 31, 2023
Revenue: $111.7 million
Net income: $7.0 million
EPS: $0.19 per diluted share
Guidance: reaffirmed
Result: reported results

Exact text from the filing

● Net sales of $111.7 million for the first quarter ● Gross profit margin of 41.7% for the first quarter ● Net income of $7.0 million, or $0.19 per diluted share, for the first quarter ● Adjusted EBITDA of $18.6 million for the first quarter ● Adjusted EBITDA margin of 16.6% for the first quarter ● Declared quarterly cash dividend of $0.08 per share in April 2023

View on SEC.gov

44 earnings releases filed in the last 30 days. Browse all earnings releases →

Cadre Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001558370-23-008849

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.