Kaman (KAMN) Misses Q2 EPS by 5c

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Go back to Kaman (KAMN) Misses Q2 EPS by 5c

Kaman Reports Second Quarter 2022 Results

August 4, 2022 4:30 PM EDT

Second Quarter 2022 Highlights:

Continued confidence in full year outlook for earnings, EBITDA and free cash flow while reducing 2022 outlook for sales Consolidated backlog growth year to date of 11% to $775 million driven by Engineered Products Executing on our growth strategy with agreement to acquire Parker-Hannifin Aircraft Wheel & Brake Net sales: $161 million Gross Margin: 32.4% Net earnings: $4.1 million Adjusted EBITDA*: $16.4 million; Adjusted EBITDA margin*: 10.2% Diluted earnings per share: $0.14 per share, $0.31 per share adjusted*

BLOOMFIELD, Conn.--(BUSINESS WIRE)-- Kaman Corp. (NYSE: KAMN)... More