Reports Q4 revenue $286.2M, consensus $274.4M. “The fourth quarter was a solid finish to the year,” said Jeffrey L. Powell, president and chief executive officer of Kadant (KAI) Inc. “Good execution by our businesses combined with our recent acquisitions drove record revenue performance and strong cash flows despite a challenging economic environment.”
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KAI:
- KAI Upcoming Earnings Report: What to Expect?
- Kadant: Strategic Profil Acquisition Strengthens Recurring Revenue and M&A-Driven Growth, Supporting Buy Rating
- Kadant to Host Webcast on Proposed Böhler Profil Acquisition
- Kadant Announces Acquisition of Voestalpine Böhler Profil Unit
- Kadant to acquire voestalpine BOHLER Profil