Kaman (KAMN) Tops Q1 EPS by 16c

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Kaman Reports 2020 First Quarter Results

May 11, 2020 4:30 PM EDT

First Quarter Highlights:

Net sales from continuing operations of $207.3 million up 24.6% over prior year period Organic sales from continuing operations* of $184.0 million up 10.5% over prior year period Net loss from continuing operations of $0.4 million; Adjusted EBITDA from continuing operations* up 39.7% to $26.2 million, or 12.6% of sales Diluted earnings per share from continuing operations of $(0.01), or $0.48 adjusted* Withdraws full year guidance for 2020

BLOOMFIELD, Conn.--(BUSINESS WIRE)-- Kaman Corp. (NYSE: KAMN) today reported financial results for the first fiscal quarter ended April 3,... More