News & Events

Record Revenue, EPS, and Cash Flow in Q4 2021 WESTFORD, Mass., Feb. 16, 2022 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the fourth quarter and fiscal year ended January 1, 2022. Fourth Quarter Financial Highlights Operating cash flow increased 51% to a record $61

WESTFORD, Mass. , Feb. 11, 2022 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it will release its 2021 fourth quarter and full-year results after the market closes on Wednesday, February 16, 2022 and will hold a webcast the next day, Thursday, February 17, 2022 at 11:00 a.m. eastern time .

WESTFORD, Mass. , Jan. 18, 2022 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that it was selected as a winner of the 2021 SEAL Business Sustainability Award in the Environmental Initiatives category. The SEAL Awards recognize companies across the globe that make measurable

WESTFORD, Mass. , Jan. 04, 2022 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that it was named one of "America's Most Responsible Companies 2022" by Newsweek magazine. This was the second consecutive year Kadant has been included on the list which assesses companies on various

WESTFORD, Mass. , Nov. 18, 2021 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors has approved a quarterly cash dividend to stockholders of $0.25 per share to be paid on February 3, 2022 to stockholders of record as of the close of business on January 6, 2022 .

WESTFORD, Mass., Nov. 02, 2021 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the third quarter ended October 2, 2021. Third Quarter Financial Highlights Bookings increased 71% to a record $245 million. Revenue increased 29% to a record $200 million.

WESTFORD, Mass. , Oct. 28, 2021 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it will release its 2021 third quarter results after the market closes on Tuesday, November 2, 2021 and will hold a webcast the next day, Wednesday, November 3, 2021 at 11:00 a.m. eastern time .

WESTFORD, Mass. , Sept. 30, 2021 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it has achieved one of its 2021 climate goals of sourcing 100 percent of the electricity it uses from renewable sources for its operating sites worldwide. The Company purchased renewable energy certificates,

WESTFORD, Mass. , Sept. 09, 2021 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors has approved a quarterly cash dividend to stockholders of $0.25 per share to be paid on November 11, 2021 to stockholders of record as of the close of business on October 14,

WESTFORD, Mass. , Aug. 23, 2021 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE:KAI) today announced it has completed its acquisition of Balemaster for $54 million in cash, subject to certain customary adjustments. Balemaster is a leading U.S. manufacturer of horizontal balers and related equipment used