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KAI-News
KAI-Events
Raises FY26 Revenue Outlook to $1.19B-$1.21B
Consensus $11.87. Raises FY26 revenue view to $1.19B-$1.21B from $1.178B-$1.203B, consensus $1.19B
Kadant Reports Q2 Revenue of $313M, Exceeding Expectations
Reports Q2 revenue $313M, consensus $299.33M. "Our second-quarter results reflect solid execution across our businesses and robust demand for our aftermarket parts and services, resulting in record revenue and strong earnings growth," said Jeffrey Powell, president and chief executive officer of Kadant. "Although capital project timing remains challenged by customer caution and extended approval cycles, we continue to see evidence that interest in our products and technologies remains healthy. Our large installed base and disciplined operational execution enabled us to deliver excellent results in the quarter while positioning the company for meaningful upside as capital spending recovers."
Sees Q3 Revenue of $297M-$307M, Consensus $311.98M
Sees Q3 revenue $297M-$307M, consensus $311.98M
Kadant Authorizes Repurchase of Up to $50M in Equity Securities
Kadant announced that its board of directors has authorized the repurchase of up to $50M of its equity securities effective May 21 through May 21, 2027. The company has not repurchased any shares of its common stock under the $50M authorization that expired on May 15.
Sees FY26 Revenue of $1.178B-$1.203B
Sees FY26 revenue $1.178B-1.203B, consensus $1.19B.
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