Kadant (KAI) Tops Q2 EPS by 7c, Revenues Beat; Lowers FY18 EPS View Due to 'FX & Tariffs,' Boosts FY18 Revenue Outlook

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 8/16/2026

1. AMAT
2. GLOB
3. SPY
4. RDDT
5. HTFL
6. SNDK
7. WDAY
8. ADYEN:NA
9. DVLT
10. ADYYF

Go back to Kadant (KAI) Tops Q2 EPS by 7c, Revenues Beat; Lowers FY18 EPS View Due to 'FX & Tariffs,' Boosts FY18 Revenue Outlook

Kadant Reports 2018 Second Quarter Results

July 30, 2018 4:50 PM EDT

Reports Bookings of $176M and Record Revenue of $155MLowers EPS Guidance due to FX and Tariffs

WESTFORD, Mass., July 30, 2018 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the second quarter ended June 30, 2018.

Second Quarter 2018 Highlights

Revenue increased 41% to a record $155 millionGAAP diluted EPS increased 50% to $1.08Adjusted diluted EPS increased 3% to $1.07Net income increased 53% to $12 millionAdjusted EBITDA increased 37% to $26 million and represented 17% of revenueGross margin was 44.0%Bookings increased 47% to $176... More