secwatch.observer — SEC 8-K summary
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Issuer:     Cadre Holdings, Inc. (CDRE)
CIK:        0001860543
Form:       8-K
Filed at:   2024-05-07T23:59:59+00:00
Accession:  0001558370-24-007054
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cadre Q1 record net sales $137.9M (+23% YoY); Adj EBITDA $24.5M; reaffirms FY2024 guidance
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- Record net sales of $137.9M, up 23% YoY; gross profit $57.6M (margin 41.8% vs 41.7%).
- Net income $6.9M ($0.18 diluted EPS); Adjusted EBITDA $24.5M (margin 17.8% vs 16.6%).
- Completed acquisitions of ICOR Technology (EOD robots) and Alpha Safety (nuclear safety).
- Reaffirmed FY2024 guidance: net sales $553M-$572M, Adj. EBITDA $104M-$108M.
- Declared quarterly dividend $0.0875/share; net debt increased to $128.8M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1860543/000155837024007054/0001558370-24-007054-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1860543/000155837024007054/cdre-20240507x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-007054

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