WESTFORD, Mass., May 28, 2025 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it received orders with a combined value of $18 million from three lumber producers in North America and Europe since its first quarter earnings call. The capital equipment orders are expected to ship between the end of 2025 and the third quarter of 2026. The equipment and technologies to be supplied will be used to debark, strand, chip, and batch feed whole logs and lumber wastewood to produce oriented strand board (OSB) an ...

Kadant (KAI) Q1 2025 Earnings Call April 30, 2025 11:00 AM ET Company Participants Michael McKenney - Executive VP & CFOJeffrey Powell - President, Chief Executive Officer and DirectorGary Prestopino - Managing Director Conference Call Participants Ross Sparenblek - Equity Research AnalystKurt Yinger - Associate Vice President, Research AnalystWalter Liptak - Industry Analyst Operator Please be advised that today's conference is being recorded. I would like now to turn the conference over to Michael McKinne ...

Kadant (KAI) Q1 2025 Earnings Call April 30, 2025 11:00 AM ET Speaker0 Please be advised that today's conference is being recorded. I would like now to turn the conference over to Michael McKinney, Executive Vice President and Chief Financial Officer. Please go ahead, sir. Speaker1 Thank you, Michelle. Good morning, everyone, and welcome to Cadence first quarter twenty twenty five earnings call. With me on the call today is Jeff Powell, our President and Chief Executive Officer. Before we begin, let me read ...

Kadant (KAI) Q1 2025 Earnings Call April 30, 2025 11:00 AM ET Company Participants Michael McKenney - Executive VP & CFOJeffrey Powell - President, Chief Executive Officer and DirectorGary Prestopino - Managing Director Conference Call Participants Ross Sparenblek - Equity Research AnalystKurt Yinger - Associate Vice President, Research AnalystWalter Liptak - Industry Analyst Operator Please be advised that today's conference is being recorded. I would like now to turn the conference over to Michael McKinne ...

KAI 1Q25 BUSINESS REVIEW– APRIL 2025 | © 2025 KADANT INC. ALL RIGHTS RESERVED. 2 Use of Non-GAAP Financial Measures In addition to the financial measures prepared in accordance with U.S. generally accepted accounting principles (GAAP), we use certain non-GAAP financial measures, including increases or decreases in revenue excluding the effect of acquisitions and foreign currency translation (organic revenue), adjusted EPS, adjusted earnings before interest, taxes, depreciation, and amortization (adjusted EB ...

Core Viewpoint - Kadant (KAI) reported quarterly earnings of $2.10 per share, exceeding the Zacks Consensus Estimate of $1.97 per share, but down from $2.38 per share a year ago [1][2] Financial Performance - The earnings surprise for the quarter was 6.60%, with the company having surpassed consensus EPS estimates in all four of the last quarters [2] - Kadant's revenues for the quarter were $239.21 million, slightly above the Zacks Consensus Estimate by 0.13%, but down from $248.98 million year-over-year [3] - The company has exceeded consensus revenue estimates three times in the last four quarters [3] Stock Performance and Outlook - Kadant shares have declined approximately 9.1% since the beginning of the year, compared to a 6% decline in the S&P 500 [4] - The company's earnings outlook is mixed, with a current Zacks Rank of 3 (Hold), indicating expected performance in line with the market [7] - The consensus EPS estimate for the upcoming quarter is $2.64 on revenues of $267.54 million, and for the current fiscal year, it is $9.94 on revenues of $1.05 billion [8] Industry Context - The Manufacturing - General Industrial industry, to which Kadant belongs, is currently ranked in the bottom 40% of over 250 Zacks industries, which may impact stock performance [9]

PRESS RELEASE Kadant Reports First Quarter 2025 Results WESTFORD, Mass., April 29, 2025 - Kadant Inc. (NYSE: KAI) reported its financial results for the first quarter ended March 29, 2025. First Quarter Financial Highlights Exhibit 99.1 KADANT INC. One Technology Park Drive Westford, MA 01886 USA Tel: +1 978-776-2000 www.kadant.com Note: Percent changes above are based on comparison to the prior year period. All references to earnings per share (EPS) are to our EPS as calculated on a diluted basis. Adjusted ...

WESTFORD, Mass., April 29, 2025 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the first quarter ended March 29, 2025. First Quarter Financial Highlights Bookings increased 3% to $256 millionRevenue decreased 4% to $239 millionGross margin increased 150 basis points to 46.1%Net income decreased 3% to $24 millionGAAP EPS decreased 3% to $2.04Adjusted EPS decreased 12% to $2.10Adjusted EBITDA decreased 8% to $48 million and represented 20.0% of revenueOperating cash flow remain ...

WESTFORD, Mass., April 24, 2025 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE:KAI) announced it will release its 2025 first quarter results after the market closes on Tuesday, April 29, 2025 and will hold a webcast the next day, Wednesday, April 30, 2025 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 kadant.com. Participants ...

Kairos Minerals Ltd managing director Dr Peter Turner discusses the company's Mt York Gold Project.  Proactive: Now we're going to talk about the Mt York Gold Project in the Pilbara. Can you talk us through what the project is and why you're so excited about it? Dr Peter Turner: Well, we're really excited about it for a number of reasons. One is that probably a lot of people have not really heard about Mt York in the past. That's partly because the company has been strategising last year and doing deals. B ...