Kadant Reports First Quarter 2025 Results

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 ...