Kadant (KAI) Tops Q2 EPS by 32c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/30/2026

1. NOW
2. GOOGL
3. MSFT
4. FTNT
5. EBAY
6. TENB
7. BIIB
8. CMG
9. KLAC
10. ETSY

Go back to Kadant (KAI) Tops Q2 EPS by 32c

Kadant Reports Second Quarter 2020 Results

July 28, 2020 5:05 PM EDT

WESTFORD, Mass., July 28, 2020 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the second quarter ended June 27, 2020.

Second Quarter 2020 Financial Highlights

Bookings decreased 24% to $133 million.Revenue decreased 14% to $153 million.GAAP diluted EPS decreased 30% to $1.00.Adjusted diluted EPS decreased 25% to $1.06.Net income decreased 29% to $12 million.Adjusted EBITDA decreased 19% to $27 million and represented 17.4% of... More