Cadre Holdings reports Q4 EPS 32c, two estimates 51c

Reports Q4 revenue $176M, consensus $170.95M. “2024 was another record year, as our teams continued to leverage the Cadre (CDRE) operating model and capitalize on positive demand trends for our best-in-class, mission-critical safety equipment,” said Warren Kanders, CEO and Chairman. “We delivered our full-year guidance of double-digit revenue and adjusted EBITDA growth, driven by high-level execution in Q4, which represented Cadre’s best quarter of financial results as a public company. We achieved significantly higher net sales and adjusted EBITDA, while expanding full year adjusted EBITDA margins 70 basis points year-over-year.”