secwatch.observer — SEC 8-K summary
======================================

Issuer:     Cadre Holdings, Inc. (CDRE)
CIK:        0001860543
Form:       8-K/A
Filed at:   2023-08-09T23:59:59+00:00
Accession:  0001558370-23-014031
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 Q2 net sales $121.1M, adj. EBITDA $22.8M record; raises FY adj. EBITDA guidance to $80-84M
--------------------------------------------------------------------------------

- Net sales $121.1M (Q2), up 2.5% YoY; net income $11.0M ($0.29 diluted EPS) vs $4.4M prior year.
- Record quarterly Adjusted EBITDA $22.8M (18.8% margin) vs $18.4M (15.6%) prior year.
- Gross profit margin improved to 41.9% from 36.6% YoY, driven by pricing, mix, and productivity.
- Full-year 2023 guidance: net sales $472-484M; Adjusted EBITDA raised to $80-84M; capex $8-9M.
- Quarterly dividend of $0.08 per share declared, payable Aug 18, 2023 to holders of record Aug 4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1860543/000155837023014031/0001558370-23-014031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1860543/000155837023014031/cdre-20230808x8ka.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-014031

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