secwatch.observer — SEC 8-K summary
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Issuer:     Cadre Holdings, Inc. (CDRE)
CIK:        0001860543
Form:       8-K
Filed at:   2023-11-08T23:59:59+00:00
Accession:  0001558370-23-018284
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1860543/000155837023018284/0001558370-23-018284-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1860543/000155837023018284/cdre-20231108x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-018284

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