Kaman (KAMN) Tops Q4 EPS by 17c

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Kaman Reports Fourth Quarter and Full Year 2022 Results

February 23, 2023 4:30 PM EST

Full Year 2022 Highlights:

Net sales: $688.0 million Net loss: $(46.2) million, inclusive of $79.0 million of impairment charges Adjusted EBITDA*: $80.2 million; Adjusted EBITDA margin*: 11.7% Diluted (loss) earnings per share: $(1.65) per share, $1.12 per share adjusted*

Fourth Quarter 2022 Highlights:

Net sales: $197.1 million Net loss: $(54.9) million, inclusive of $79.0 million of impairment charges Adjusted EBITDA: $31.0 million; Adjusted EBITDA margin: 15.7% Diluted (loss) earnings per share: $(1.96) per share, $0.42 per share adjusted

2023 Outlook Highlights:

Net sales: $730.0 million to $750.0 million Net earnings: $4.0 million to $11.6 million Adjusted... More