Kadant Corporate

News & Events

News Releases

February 14, 2024 at 4:18 PM EST
Kadant Reports Fourth Quarter and Fiscal Year 2023 Results
Record Revenue and Cash Flow in FY 2023 WESTFORD, Mass., Feb. 14, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the fourth quarter and fiscal year ended December 30, 2023. Fourth Quarter Financial Highlights    Revenue increased 3% to $239 million   Operating
February 12, 2024 at 3:04 PM EST
Kadant Named to Newsweek’s List of America’s Most Responsible Companies 2024
WESTFORD, Mass., Feb. 12, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that it was named one of "America's Most Responsible Companies 2024" by Newsweek magazine. This was the fourth consecutive year Kadant has been included on the awards list which assesses companies on
February 9, 2024 at 3:59 PM EST
Kadant to Hold Earnings Conference Call on Thursday, February 15, 2024
WESTFORD, Mass., Feb. 09, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it will release its 2023 fourth quarter and full-year results after the market closes on Wednesday, February 14, 2024 and will hold a webcast the next day, Thursday, February 15, 2024 at 11:00 a.m. eastern time.
January 24, 2024 at 4:28 PM EST
Kadant Acquires KWS Manufacturing Company
WESTFORD, Mass., Jan. 24, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) today announced it has completed the acquisition of KWS Manufacturing Company, Ltd. (“KWS”) for approximately $84 million in cash, subject to certain customary adjustments. The acquisition was financed primarily through
January 2, 2024 at 7:40 AM EST
Kadant Completes Acquisition of Key Knife, Inc.
WESTFORD, Mass., Jan. 02, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) has completed its previously announced acquisition of Key Knife, Inc. and certain of its affiliates (“Key Knife”) for approximately $156 million in cash, subject to certain customary adjustments.
December 28, 2023 at 4:17 PM EST
Kadant to Acquire Key Knife, Inc.
WESTFORD, Mass., Dec. 28, 2023 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) has entered into a definitive agreement to acquire Key Knife, Inc. and certain of its affiliates (“Key Knife”) for approximately $156 million in cash, subject to certain customary adjustments.
November 16, 2023 at 4:16 PM EST
Kadant Declares Cash Dividend
WESTFORD, Mass., Nov. 16, 2023 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors has approved a quarterly cash dividend to stockholders of $0.29 per share to be paid on February 1, 2024 to stockholders of record as of the close of business on January 4, 2024.
October 31, 2023 at 4:46 PM EDT
Kadant Reports Third Quarter 2023 Results
Raises Revenue and Earnings Guidance WESTFORD, Mass., Oct. 31, 2023 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the third quarter ended September 30, 2023. Third Quarter Financial Highlights    Revenue increased 9% to $244 million Operating cash flow increased 89%
October 26, 2023 at 12:09 PM EDT
Kadant to Hold Earnings Conference Call on Wednesday, November 1, 2023
WESTFORD, Mass., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it will release its 2023 third quarter results after the market closes on Tuesday, October 31, 2023 and will hold a webcast the next day, Wednesday, November 1, 2023 at 11:00 a.m. eastern time.
September 7, 2023 at 4:41 PM EDT
Kadant Declares Cash Dividend
WESTFORD, Mass., Sept. 07, 2023 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors has approved a quarterly cash dividend to stockholders of $0.29 per share to be paid on November 9, 2023 to stockholders of record as of the close of business on October 12, 2023.

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