KAI News & Events

Kadant announced that its board of directors has authorized the repurchase of up to $50M of its equity securities effective May 21 through May 21, 2027. The company has not repurchased any shares of its common stock under the $50M authorization that expired on May 15.

Sees FY26 revenue $1.178B-1.203B, consensus $1.19B.

Reports Q1 revenue $281.5M, consensus $274.95M. Q1 bookings increased 25% to a record $320.8M. We had an excellent start to the year highlighted by robust demand and solid earnings growth," said Jeffrey Powell, CEO of Kadant. "Strong demand for our aftermarket parts combined with our recent acquisitions led to record bookings and aftermarket parts revenue along with healthy margin performance."