KADANT INC (KAI)
US48282T1043 - Common Stock
KADANT INC
NYSE:KAI (11/21/2024, 8:04:00 PM)
After market: 408.42 0 (0%)408.42
+15.73 (+4.01%)
Company Profile
Kadant Inc. operates as a global supplier of critical components and engineered systems used in process industries worldwide. The company is headquartered in Westford, Massachusetts and currently employs 3,100 full-time employees. Its segments include Flow Control, Industrial Processing, and Material Handling. Flow Control segment includes rotary sealing devices, steam systems, expansion joints, doctor systems, roll and fabric cleaning devices, and filtration and fiber recovery systems. Industrial Processing segment includes equipment, machinery, and technologies used to process recycled paper and timber for the packaging, tissue, wood products and alternative fuel industries, among others. The company provides industrial automation and digitization solutions to process industries. Material Handling segment products include conveying and vibratory equipment and balers. The company manufactures and sells biodegradable, absorbent granules used as carriers in agricultural applications and for oil and grease absorption. The company also offers engineered fluid sealing and transfer solutions for rotating applications.
Company Info
KADANT INC
1 Technology Park Dr
Westford MASSACHUSETTS 01886
P: 19787762000
CEO: Jeffrey L. Powell
Employees: 3100
Website: https://www.kadant.com/
KAI News
7 days ago - Kadant IncKadant Declares Cash DividendWESTFORD, Mass., Nov. 14, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors has approved a quarterly cash...
10 days ago - StockStoryWhat To Expect From Hillenbrand’s (HI) Q3 EarningsIndustrial processing equipment and solutions provider Hillenbrand (NYSE:HI) will be reporting earnings tomorrow after market hours. Here’s what to look for.
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23 days ago - StockStoryKadant (NYSE:KAI) Posts Better-Than-Expected Sales In Q3 ButIndustrial equipment manufacturer Kadant (NYSE:KAI) reported Q3 CY2024 results beating Wall Street’s revenue expectations, with sales up 11.2% year on year to $271.6 million. On the other hand, next quarter’s revenue guidance of $256 million was less impressive, coming in 2.7% below analysts’ estimates. Its non-GAAP profit of $2.84 per share was also 16.9% above analysts’ consensus estimates.
23 days ago - Kadant IncKadant Reports Third Quarter 2024 ResultsWESTFORD, Mass., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the third quarter ended September 28, 2024....
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