With me on the call today is Jeff Powell, our President and Chief Executive Officer. Various remarks that we may make today about Kadant's future plans and expectations, financial and operating results and prospects are forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995.
Q1 2020 Kadant Inc Earnings Call
Unfortunately for some shareholders, the Kadant (NYSE:KAI) share price has dived 31% in the last thirty days. The...
We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
Q1 2019 Kadant Inc Earnings Call
Could Kadant Inc. (NYSE:KAI) be an attractive dividend share to own for the long haul? Investors are often drawn to...
WESTFORD, Mass., May 13, 2020 -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors has authorized the repurchase of up to $20 million of its equity securities.
When you buy a stock there is always a possibility that it could drop 100%. But on a lighter note, a good company can...
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...
WESTFORD, Mass., March 19, 2020 -- Kadant Inc. (NYSE: KAI) President and CEO Jeffrey L. Powell today issued the following statement around the coronavirus (COVID-19) outbreak.
WESTFORD, Mass., March 06, 2020 -- Kadant Inc. (NYSE: KAI) today released its 2019 corporate sustainability report, which can be viewed at www.kadant.com/sustainability. The.
Kadant Inc. (KAI) today announced the realignment of its current operating segments by combining its operating entities into three new reportable operating segments. Consistent with the Company’s strategic initiatives to grow both organically and through acquisitions, these segment changes reflect how the Company has grown and diversified over the last several years. The three new reportable operating segments are Flow Control, Industrial Processing, and Material Handling.
WESTFORD, Mass., April 29, 2020 -- Kadant Inc. (NYSE: KAI) reported its financial results for the first quarter ended March 28, 2020. Business Update Related to COVID-19.
Kadant Inc. (NYSE:KAI), which is in the machinery business, and is based in United States, led the NYSE gainers with a...
Kadant Inc. (KAI) announced it will release its 2020 first quarter results after the market closes on Wednesday, April 29, 2020 and will hold a webcast the next day, Thursday, April 30, 2020 at 11:00 a.m. eastern time. During the call the Company will discuss its first quarter financial performance, including its previously announced change in reportable operating segments, and future expectations. To listen to the call live, go to the “Investors” section of the Company’s website at www.kadant.com.
Kadant Inc. (KAI) announced today that, due to the public health concerns relating to the coronavirus pandemic, its Board of Directors has determined to include a virtual meeting component for the 2020 Annual Meeting of Stockholders. The addition of the virtual meeting component will allow stockholders who cannot attend in person due to the coronavirus pandemic the opportunity to participate in the Annual Meeting. The physical portion of the meeting will be held as originally announced at the corporate office of Kadant at One Technology Park Drive, Westford, Massachusetts.
Kadant Inc. (KAI) today provided additional information regarding how to participate in the virtual component of its 2020 Annual Meeting of Stockholders. The Company had previously announced that, due to the public health concerns relating to the coronavirus pandemic, its Board of Directors had determined to include a virtual component for the meeting. The physical portion of the meeting will be held as previously announced at the Company’s corporate office located at One Technology Park Drive, Westford, Massachusetts 01886.
Kadant (KAI) delivered earnings and revenue surprises of 29.76% and 2.39%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Q4 2019 Kadant Inc Earnings Call
WESTFORD, Mass., May 13, 2020 -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors has approved a quarterly cash dividend to stockholders of $0.24 per share.