News and Events

News Releases

  • July 30, 2019 at 4:23 PM EDT
    Reports Record Revenue and Increases EPS Guidance for FY 2019 WESTFORD, Mass. , July 30, 2019 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the second quarter ended June 29, 2019 . Second Quarter 2019 Highlights Revenue increased 14% to a record $177 million GAAP
  • July 25, 2019 at 10:13 AM EDT
    WESTFORD, Mass. , July 25, 2019 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it will release its 2019 second quarter results after the market closes on Tuesday, July 30, 2019 and will hold a webcast the next day, Wednesday, July 31, 2019 at 11:00 a.m. eastern time .
  • May 15, 2019 at 5:13 PM EDT
    WESTFORD, Mass. , May 15, 2019 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors has approved a quarterly cash dividend to stockholders of $0.23 per share to be paid on August 8, 2019 to stockholders of record as of the close of business on July 11, 2019 .
  • May 15, 2019 at 5:12 PM EDT
    WESTFORD, Mass. , May 15, 2019 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors has authorized the repurchase of up to $20 million of its equity securities effective May 15, 2019 through May 15, 2020 . Repurchases may be made in public or private transactions,
  • April 29, 2019 at 4:32 PM EDT
    Reports Record Revenue and Bookings WESTFORD, Mass. , April 29, 2019 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the first quarter ended March 30, 2019 . First Quarter 2019 Highlights Revenue increased 15% to a record $171 million GAAP diluted EPS was unchanged at
  • April 25, 2019 at 1:36 PM EDT
    WESTFORD, Mass. , April 25, 2019 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it will release its 2019 first quarter results after the market closes on Monday, April 29, 2019 and will hold a webcast the next day, Tuesday, April 30, 2019 at 11:00 a.m. eastern time .
  • March 5, 2019 at 4:24 PM EST
    Raises Quarterly Dividend to $0.23 per Share WESTFORD, Mass. , March 05, 2019 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors increased its quarterly cash dividend to stockholders to $0.23 per share to be paid on May 7, 2019 to stockholders of record as of
  • February 28, 2019 at 3:20 PM EST
    WESTFORD, Mass. , Feb. 28, 2019 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced an Investor Day will take place on Thursday, March 7, 2019 in New York City . The Investor Day will feature presentations by members of Kadant’s Executive Leadership Team, who will discuss the Company’s business
  • February 13, 2019 at 4:28 PM EST
    Record Revenue, Bookings and Diluted EPS in FY 2018 WESTFORD, Mass. , Feb. 13, 2019 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the fourth quarter and fiscal year ended December 29, 2018 . Fourth Quarter Financial Highlights Revenue increased 10% to $164 million
  • February 13, 2019 at 4:26 PM EST
    WESTFORD, Mass. , Feb. 13, 2019 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) today announced that Jeffrey L. Powell will be named president effective April 1, 2019 and chief executive officer and a director effective July 1, 2019 , as part of a succession plan adopted by the board of directors.

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