Kaman (KAMN) Tops Q4 EPS by 1c

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Kaman Reports 2021 Results

February 24, 2022 4:35 PM EST

Full Year 2021 Highlights:

Achieved our earnings targets by leveraging our new operations excellence model Net sales: $709 million Gross margin: 33.4% Earnings from continuing operations: $43.7 million Adjusted EBITDA*: $95.5 million; Adjusted EBITDA margin*: 13.5% Diluted earnings per share from continuing operations: $1.57 per share, $1.93 per share adjusted* Cash flow from operating activities: $48.7 million Adjusted free cash flow*: $56.3 million

Fourth Quarter 2021 Highlights:

Net sales: $175.1 million Earnings from continuing operations: $9.2 million Adjusted EBITDA: $23.6 million; Adjusted EBITDA margin: 13.5% Diluted earnings per share from continuing... More