Event Theme: Pioneering Industrial Solutions for a Sustainable Future Presents New Five-Year Financial Goals WESTFORD, Mass., Dec. 12, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) will host its 2024 Investor Day today at the Lotte New York Palace Hotel in New York City.
WESTFORD, Mass., Nov. 14, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors has approved a quarterly cash dividend to stockholders of $0.32 per share to be paid on February 6, 2025 to stockholders of record as of the close of business on January 9, 2025.
WESTFORD, Mass., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the third quarter ended September 28, 2024. Third Quarter Financial Highlights Revenue increased 11% to $272 million Gross margin was 44.7% Operating cash flow increased 12% to $52 million
WESTFORD, Mass., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it will host an Investor Day on Thursday, December 12, 2024 at the Lotte New York Palace Hotel in New York City. The event will feature presentations by members of Kadant’s executive leadership team, who will
WESTFORD, Mass., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it will release its 2024 third quarter results after the market closes on Tuesday, October 29, 2024 and will hold a webcast the next day, Wednesday, October 30, 2024 at 11:00 a.m. eastern time.
WESTFORD, Mass., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today it was named one of "America's Greatest Workplaces for Parents and Families 2024" by Newsweek magazine. The award recognizes 1,000 U.S. workplaces based on more than 693,000 reviews.
WESTFORD, Mass., Sept. 05, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors has approved a quarterly cash dividend to stockholders of $0.32 per share to be paid on November 7, 2024 to stockholders of record as of the close of business on October 10, 2024.
WESTFORD, Mass., July 30, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the second quarter ended June 29, 2024. Second Quarter Financial Highlights Revenue increased 12% to a record $275 million Gross margin was 44.4% Operating cash flow increased 25% to $28
WESTFORD, Mass., July 25, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it will release its 2024 second quarter results after the market closes on Tuesday, July 30, 2024 and will hold a webcast the next day, Wednesday, July 31, 2024 at 11:00 a.m. eastern time.
Expands Flow Control Segment with Fluid Rotary Union Manufacturer WESTFORD, Mass., June 03, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) today announced it has completed the acquisition of Dynamic Sealing Technologies LLC and affiliates (“DSTI”) for approximately $55 million in cash, subject to