secwatch.observer — SEC 8-K summary
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Issuer:     Cadre Holdings, Inc. (CDRE)
CIK:        0001860543
Form:       8-K
Filed at:   2023-08-08T23:59:59+00:00
Accession:  0001558370-23-013951
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cadre Q2 net sales $121.1M, Adj. EBITDA record $22.8M, raises FY23 guidance
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- Q2 net sales $121.1M (+2.5% YoY); net income $11.0M ($0.29 diluted EPS) vs $4.4M in Q2 2022.
- Adjusted EBITDA $22.8M (record) with margin 18.8%, up from 15.6% a year ago.
- Gross margin improved 530 bps to 41.9%; product segment margin 43.7%, distribution 23.1%.
- FY2023 outlook: net sales $472M–$484M; Adj. EBITDA raised to $80M–$84M; capex $8M–$9M.
- Quarterly dividend of $0.08 declared, payable Aug 18, 2023 to holders of record Aug 4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1860543/000155837023013951/0001558370-23-013951-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1860543/000155837023013951/cdre-20230808x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-013951

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