---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-008849"
form_type: "8-K"
ticker: "CDRE"
cik: "0001860543"
company_name: "Cadre Holdings, Inc."
filed_at: "2023-05-09T23:59:59+00:00"
generated_at: "2026-06-15T10:16:36.167939+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001558370-23-008849
- form_type: 8-K
- ticker: CDRE
- cik: 0001860543
- company_name: Cadre Holdings, Inc.
- filed_at: 2023-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1860543/000155837023008849/0001558370-23-008849-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1860543/000155837023008849/cdre-20230509x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-008849
- JSON: https://secwatch.observer/filing/0001558370-23-008849.json
- Plain text: https://secwatch.observer/filing/0001558370-23-008849.txt

## Key facts
- Earnings Releases
  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
  source text: ● 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1860543/000155837023008849/0001558370-23-008849-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.