SECOND QUARTER 2025 BUSINESS REVIEW JULY 30, 2025 KAI 2Q25 BUSINESS REVIEW– JULY 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, t ...

WESTFORD, Mass., July 29, 2025 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the second quarter ended June 28, 2025. Second Quarter Financial Highlights Bookings increased 7% to $269 millionRevenue decreased 7% to $255 millionGross margin increased 150 basis points to 45.9%Net income decreased 16% to $26 millionGAAP EPS decreased 17% to $2.22Adjusted EPS decreased 18% to $2.31Adjusted EBITDA decreased 15% to $52 million and represented 20.5% of revenueOperating cash flow inc ...

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 ...

Core Viewpoint - Kadant Inc. reported its first quarter financial results for 2025, showing a decrease in revenue and net income, but strong demand for aftermarket parts and healthy free cash flow despite geopolitical uncertainties [3][4][5][8]. Financial Highlights - Revenue decreased by 4% to $239.2 million compared to $249.0 million in 2024, with organic revenue down 5% [4][9]. - Net income was $24.1 million, a decrease of 3% from $24.7 million in 2024, and GAAP EPS decreased by 3% to $2.04 [5][9]. - Adjusted EPS fell by 12% to $2.10 compared to $2.38 in 2024, excluding acquisition-related costs [5][9]. - Adjusted EBITDA decreased by 8% to $47.9 million, representing 20% of revenue, down from 21% in 2024 [6][9]. - Free cash flow increased by 15% to $19.0 million compared to $16.6 million in 2024 [6][9]. Bookings and Demand - Bookings increased by 3% to $256.2 million compared to $248.4 million in 2024, with organic bookings up 2% [7][9]. - The company experienced record demand for aftermarket parts, contributing to strong margin performance [3][8]. Outlook - The company revised its 2025 revenue guidance to $1.020 to $1.040 billion, down from $1.040 to $1.065 billion, and GAAP EPS guidance to $8.97 to $9.17, revised from $9.63 to $9.98 [8]. - Incremental tariff costs are estimated to be $5 to $6 million for 2025, impacting the financial outlook [8].