Kadant Corporate

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News Releases

December 12, 2024 at 7:17 AM EST
Kadant Hosts 2024 Investor Day
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.
November 14, 2024 at 4:34 PM EST
Kadant Declares Cash Dividend
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.
October 29, 2024 at 4:43 PM EDT
Kadant Reports Third Quarter 2024 Results
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
October 29, 2024 at 4:15 PM EDT
Kadant to Host 2024 Investor Day
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
October 24, 2024 at 10:23 AM EDT
Kadant to Hold Earnings Conference Call on Wednesday, October 30, 2024
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.
September 5, 2024 at 4:33 PM EDT
Kadant Declares Cash Dividend
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.
July 30, 2024 at 4:29 PM EDT
Kadant Reports Second Quarter 2024 Results
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
July 25, 2024 at 10:19 AM EDT
Kadant to Hold Earnings Conference Call on Wednesday, July 31, 2024
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.
June 3, 2024 at 12:00 PM EDT
Kadant Acquires Dynamic Sealing Technologies
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

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