Kaman (KAMN) Tops Q3 EPS by 21c

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Kaman Reports 2020 Third Quarter Results

November 4, 2020 4:31 PM EST

Third Quarter Highlights:

Net sales from continuing operations of $214.0 million, up 17.1% over prior year period Organic sales from continuing operations* of $194.9 million, up 6.7% over prior year period Positive operating results offset by a $50.3 million goodwill impairment charge Net loss from continuing operations of $38.5 million, or $(1.39) per diluted share Adjusted diluted earnings per share from continuing operations* of $0.70, up 52% over prior year period Adjusted EBITDA from continuing operations* up 32.6% to $35.5 million, or 16.6% of sales Net cash provided by operating activities... More