Kaman (KAMN) Tops Q1 EPS by 11c
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Kaman Reports 2021 First Quarter Results
May 4, 2021 4:30 PM EDTFirst Quarter Highlights:
Net sales from continuing operations of $171.6 million, down 17.2% over prior year period Gross profit from continuing operations of $52.9 million; Gross margin of 30.8% Earnings from continuing operations of $8.0 million, up $8.4 million over the prior year period Diluted earnings per share from continuing operations of $0.29 Adjusted EBITDA from continuing operations* of $17.1 million decreased from the first quarter of 2020 but flat with the fourth quarter of 2020 on lower sales Net cash used in operating activities of $2.4 million; Adjusted Free Cash Flow* of... More