Kadant ( (KAI) ) has released its Q2 earnings. Here is a breakdown of the information Kadant presented to its investors.
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Kadant Inc. is a global supplier of technologies and engineered systems that enhance efficiency and optimize productivity in process industries, with a presence in 20 countries worldwide.
In its second quarter of 2025, Kadant Inc. reported a mixed financial performance, with a notable increase in bookings by 7% to $269 million, while revenue experienced a decline of 7% to $255 million. The company also saw a significant increase in operating cash flow by 44% to $40 million.
Key financial metrics for the quarter included a gross margin increase to 45.9%, despite a decrease in net income by 16% to $26 million. Earnings per share (EPS) also saw a decline, with GAAP EPS down 17% to $2.22 and adjusted EPS down 18% to $2.31. Adjusted EBITDA fell by 15% to $52 million, representing 20.5% of revenue.
Looking ahead, Kadant’s management remains optimistic, maintaining their revenue and adjusted EPS guidance for the full year. They anticipate stronger bookings in the latter half of 2025, supported by a healthy backlog and stable demand for aftermarket parts, projecting full-year revenue between $1.020 to $1.040 billion.