KAI Kadant Inc.

Kadant to Hold Earnings Conference Call on Wednesday, May 1, 2024

Kadant to Hold Earnings Conference Call on Wednesday, May 1, 2024

WESTFORD, Mass., April 25, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it will release its 2024 first quarter results after the market closes on Tuesday, April 30, 2024 and will hold a webcast the next day, Wednesday, May 1, 2024 at 11:00 a.m. eastern time. During the call the Company will discuss its first quarter financial performance and future expectations.

To listen to the live call and view the webcast, go to the “Investors” section of the Company’s website at . Participants interested in joining the call’s live question and answer session are required to register by clicking or selecting the Q&A link on our website to receive a dial-in number and unique PIN. It is recommended that you join the call 10 minutes prior to the start of the event. A replay of the webcast will be available on our website through May 31, 2024. The earnings release and webcast presentation will be posted in the “Investors” section of our website.

About Kadant

Kadant is a global supplier of technologies and engineered systems that drive Sustainable Industrial Processing. The Company’s products and services play an integral role in enhancing efficiency, optimizing energy utilization, and maximizing productivity in process industries. Kadant is based in Westford, Massachusetts, with approximately 3,400 employees in 20 countries worldwide. For more information, visit .

Contacts

Investor Contact Information:

Michael McKenney, 978-776-2000



or

Media Contact Information:

Wes Martz, 269-278-1715



EN
25/04/2024

Underlying

KAIKadant Inc.

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Kadant Inc.

 PRESS RELEASE
Free
KAI KADANT INC.

Kadant Authorizes Share Repurchase

Kadant Authorizes Share Repurchase WESTFORD, Mass., May 16, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors has authorized the repurchase of up to $50 million of its equity securities effective May 16, 2024 through May 16, 2025. Repurchases may be made in public or private transactions, including under Securities Exchange Act Rule 10b-5-1 trading plans. The timing and amount of any repurchases will be at the discretion of Company management and will be based on market conditions and other considerations, including limitations contained in our c...

May 16, 2024 1 EN
 PRESS RELEASE
Free
KAI KADANT INC.

Kadant Declares Cash Dividend

Kadant Declares Cash Dividend WESTFORD, Mass., May 16, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors has approved a quarterly cash dividend to stockholders of $0.32 per share to be paid on August 8, 2024 to stockholders of record as of the close of business on July 11, 2024. Future declarations of dividends are subject to Board approval and may be adjusted as business needs or market conditions change. About KadantKadant Inc. is a global supplier of technologies and engineered systems that drive Sustainable Industrial Processing. The Company...

May 16, 2024 1 EN
 PRESS RELEASE
Free
KAI KADANT INC.

Kadant Reports First Quarter 2024 Results

Kadant Reports First Quarter 2024 Results WESTFORD, Mass., April 30, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the first quarter ended March 30, 2024. First Quarter Financial Highlights Revenue increased 8% to a record $249 millionGross margin was 44.6%Adjusted gross margin was 45.5% excluding acquisition-related costsOperating cash flow decreased 38% to $23 millionNet income decreased 12% to $25 millionGAAP EPS decreased 13% to $2.10Adjusted EPS decreased 1% to $2.38Adjusted EBITDA increased 8% to $52 million and represented 21.0% of revenueBoo...

April 30, 2024 1 EN
 PRESS RELEASE
Free
KAI KADANT INC.

Kadant to Hold Earnings Conference Call on Wednesday, May 1, 2024

Kadant to Hold Earnings Conference Call on Wednesday, May 1, 2024 WESTFORD, Mass., April 25, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it will release its 2024 first quarter results after the market closes on Tuesday, April 30, 2024 and will hold a webcast the next day, Wednesday, May 1, 2024 at 11:00 a.m. eastern time. During the call the Company will discuss its first quarter financial performance and future expectations. To listen to the live call and view the webcast, go to the “Investors” section of the Company’s website at . Participants interested in joining the c...

April 25, 2024 1 EN
 PRESS RELEASE
Free
KAI KADANT INC.

Kadant Declares Cash Dividend

Kadant Declares Cash Dividend Raises Quarterly Dividend to $0.32 per Share WESTFORD, Mass., March 06, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors increased its quarterly cash dividend to stockholders to $0.32 per share to be paid on May 8, 2024 to stockholders of record as of the close of business on April 10, 2024. Future declarations of dividends are subject to Board approval and may be adjusted as business needs or market conditions change. About Kadant        Kadant Inc. is a global supplier of technologies and engineered systems tha...

March 6, 2024 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch