Cadre Q3 net sales $125.1M (+12% YoY); record Adj EBITDA $23.7M; raises FY guidance

Cadre Holdings, Inc.

2023-Q3 EPS reported $0.77 revenue$357,949,000

Net income $11.1M ($0.29 diluted EPS) vs $4.9M YoY; Gross margin 42.8% vs 39.2%.
Record Adj EBITDA $23.7M, margin 19.0%; nine-month Adj EBITDA $65.1M, margin 18.2%.
FY 2023 net sales guidance raised to $477-481M; Adj EBITDA raised to $82-85M.
Cash dividend of $0.08/share declared, payable Nov 17, 2023 to holders of record Nov 3.
CEO highlights strong demand, M&A pipeline, and record full-year net sales expected.

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 0.85

Cadre Holdings, Inc. reported the quarter ended September 30, 2023 results: revenue $125.1 million, net income $11.1 million, EPS $0.29 per diluted share. Guidance raised.

Period: the quarter ended September 30, 2023
Revenue: $125.1 million
Net income: $11.1 million
EPS: $0.29 per diluted share
Guidance: raised
Result: reported results

Exact text from the filing

and survivability equipment for first responders, announced today its consolidated operating results for the three and nine months ended September 30, 2023. ● Net sales of $125.1 million for the third quarter; net sales of $357.9 million for the nine months ended September 30, 2023 ● Gross profit margin of 42.8% for the third quarter; gross profit margin of 42.2%

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Earnings Releases SEC 8-K Item 2.02 confidence 0.8

Cadre Holdings, Inc. reported full-year 2023 results: revenue $477 to $481 Million. Guidance raised.

Period: full-year 2023
Revenue: $477 to $481 Million
Guidance: raised
Result: guidance update

Exact text from the filing

Expects Record Full-Year 2023 Net Sales Between $477 to $481 Million and Raises 2023 Full-Year Adjusted EBITDA Guidance Range to $82 to $85 Million

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Cadre Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001558370-23-018284

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