Kadant Reports Third Quarter 2024 Results

WESTFORD, Mass., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the third quarter ended September 28, 2024. Third Quarter Financial Highlights Revenue increased 11% to $272 millionGross margin was 44.7%Operating cash flow increased 12% to $52 millionFree cash flow increased 27% to $48 millionNet income increased 2% to $32 millionGAAP EPS increased 2% to $2.68Adjusted EPS increased 6% to a record $2.84Adjusted EBITDA was a record $63 million and represented a rec ...