KAMN earnings

Fourth Quarter 2023 Highlights: Net sales: $203.1 million Operating income: $12.0 million Net earnings: $2.0 million Adjusted EBITDA*: $25.6 million; Adjusted EBITDA margin*: 12.6% Diluted earnings per share: $0.07 per share, $0.12 per share adjusted* Full Year 2023 Highlights: Net sales: $775.9 million Operating income: $49.1 million Net earnings: $7.9 million Adjusted EBITDA*: $106.7 million; Adjusted EBITDA margin*: 13.7% Diluted earnings per share: $0.28 per share, $0.49 per share adjusted* Kaman Corp. (NYSE:KAMN) ("Kaman" or "the Company") today reported financial results for the fourth fiscal quarter and full year ended December 31, 2023. Table 1

Third Quarter 2023 Highlights: Revising full year outlook after another strong quarter; Expect higher sales, operating income and adjusted EBITDA led by sustained growth in Engineered Products Net sales: $183.0 million Operating income: $11.9 million Net earnings: $1.5 million Adjusted EBITDA*: $25.2 million; Adjusted EBITDA margin*: 13.8% Diluted earnings per share: $0.05 per share, $0.10 per share adjusted* Kaman Corp. (NYSE:KAMN) today reported financial results for the third fiscal quarter ended September 29, 2023. Table 1. Summary of Financial Results (unaudited)         Thousands of U.S. dollars (except share data)

Kaman Corp. (NYSE:KAMN) announced today that it will report its third quarter 2023 results after the stock market closes on Wednesday, November 1, 2023, and host a live webcast and conference call at 8:30 am ET on Thursday, November 2, 2023. A supplemental presentation relating to the third quarter 2023 results will be posted to the Company's website prior to the earnings call at http://www.kaman.com/investors/quarterly-earnings-calls. Participants must register for the teleconference. Once registration is complete, participants will be provided with a dial-in number containing a personalized PIN to access the call. While not required, it is recommended that participants join 10 minutes p

Second Quarter 2023 Highlights: Revising full year guidance; Expect higher operating income and adjusted EBITDA led by sustained growth in Engineered Products Net sales: $195.2 million Operating income: $17.6 million Net earnings: $5.3 million Adjusted EBITDA*: $32.0 million; Adjusted EBITDA margin*: 16.4% Diluted earnings per share: $0.19 per share, $0.22 per share adjusted* Kaman Corp. (NYSE:KAMN) today reported financial results for the second fiscal quarter ended June 30, 2023. Table 1. Summary of Financial Results (unaudited)         Thousands of U.S. dollars (except share data)   Three Months Ended  

Kaman Corp. (NYSE:KAMN) announced today that it will report its second quarter 2023 results after the stock market closes on Wednesday, August 2, 2023, and host a live webcast and conference call at 8:30 am ET on Thursday, August 3, 2023. A supplemental presentation relating to the second quarter 2023 results will be posted to the Company's website prior to the earnings call at http://www.kaman.com/investors/quarterly-earnings-calls. Participants must register for the teleconference. Once registration is complete, participants will be provided with a dial-in number containing a personalized PIN to access the call. While not required, it is recommended that participants join 10 minutes pri

First Quarter 2023 Highlights: Net sales: $194.5 million Operating income: $8.6 million Net loss: $19 thousand Adjusted EBITDA*: $24.8 million; Adjusted EBITDA margin*: 12.7% Diluted (loss) earnings per share: $(0.00) per share, $0.08 per share adjusted* Kaman Corp. (NYSE:KAMN) today reported financial results for the first fiscal quarter ended March 31, 2023. Table 1. Summary of Financial Results (unaudited) Thousands of U.S. dollars (except share data)   Three Months Ended     March 31, 2023   December 31, 2022   April 1, 2022 Net sales   $ 194,542     $

Kaman Corp. (NYSE:KAMN) announced today that it will report its first quarter 2023 results after the stock market closes on Tuesday, May 2, 2023, and host a live webcast and conference call at 8:30 am ET on Wednesday, May 3, 2023. A supplemental presentation relating to the first quarter 2023 results will be posted to the Company's website prior to the earnings call at http://www.kaman.com/investors/quarterly-earnings-calls. Participants must register for the teleconference. Once registration is complete, participants will be provided with a dial-in number containing a personalized PIN to access the call. While not required, it is recommended that participants join 10 minutes prior to the

Full Year 2022 Highlights: Net sales: $688.0 million Net loss: $(46.2) million, inclusive of $79.0 million of impairment charges Adjusted EBITDA*: $80.2 million; Adjusted EBITDA margin*: 11.7% Diluted (loss) earnings per share: $(1.65) per share, $1.12 per share adjusted* Fourth Quarter 2022 Highlights: Net sales: $197.1 million Net loss: $(54.9) million, inclusive of $79.0 million of impairment charges Adjusted EBITDA: $31.0 million; Adjusted EBITDA margin: 15.7% Diluted (loss) earnings per share: $(1.96) per share, $0.42 per share adjusted 2023 Outlook Highlights: Net sales: $730.0 million to $750.0 million Net earnings: $4.0 million to $11.6 million Adjusted EBI

Kaman Corp. (NYSE:KAMN) announced today that it will report its fourth quarter and full year 2022 results after the stock market closes on Thursday, February 23, 2023, and host a live webcast and conference call at 8:30 am ET on Friday, Friday 24, 2023. A supplemental presentation relating to the fourth quarter and full year 2022 results will be posted to the Company's website prior to the earnings call at http://www.kaman.com/investors/quarterly-earnings-calls. Participants must register for the teleconference. Once registration is complete, participants will be provided with a dial-in number containing a personalized PIN to access the call. While not required, it is recommended that part

Third Quarter 2022 Highlights: Completed acquisition of Parker-Hannifin's Aircraft Wheel & Brake division, the largest in the history of the company Consolidated results supported by strength in Engineered Products amid program and supplier challenges Net sales: $172 million Gross Margin: 32.5% Net earnings: $0.6 million Adjusted EBITDA*: $20.6 million; Adjusted EBITDA margin*: 12.0% Diluted earnings per share: $0.02 per share, $0.32 per share adjusted* Kaman Corp. (NYSE:KAMN) today reported financial results for the third fiscal quarter ended September 30, 2022. Table 1. Summary of Financial Results (unaudited)         Thousands of U.S. dollars (except

Kaman Corp. (NYSE:KAMN) announced today that it will report its third quarter 2022 results after the stock market closes on Tuesday, November 1, 2022, and host a live webcast and conference call at 8:30 am ET on Wednesday, November 2, 2022. A supplemental presentation relating to the third quarter 2022 results will be posted to the Company's website prior to the earnings call at http://www.kaman.com/investors/quarterly-earnings-calls. Participants must register for the teleconference. Once registration is complete, participants will be provided with a dial-in number containing a personalized PIN to access the call. While not required, it is recommended that participants join 10 minutes pri

Second Quarter 2022 Highlights: Continued confidence in full year outlook for earnings, EBITDA and free cash flow while reducing 2022 outlook for sales Consolidated backlog growth year to date of 11% to $775 million driven by Engineered Products Executing on our growth strategy with agreement to acquire Parker-Hannifin Aircraft Wheel & Brake Net sales: $161 million Gross Margin: 32.4% Net earnings: $4.1 million Adjusted EBITDA*: $16.4 million; Adjusted EBITDA margin*: 10.2% Diluted earnings per share: $0.14 per share, $0.31 per share adjusted* Kaman Corp. (NYSE:KAMN) today reported financial results for the second fiscal quarter ended July 1, 2022. Table 1. Summary of F

Kaman Corp. (NYSE:KAMN) announced today that it will report its second quarter 2022 results after the stock market closes on Thursday, August 4, 2022, and host a live webcast and conference call at 8:30 am ET on Friday, August 5, 2022. A supplemental presentation relating to the second quarter 2022 results will be posted to the Company's website prior to the earnings call at http://www.kaman.com/investors/quarterly-earnings-calls. Participants must register for the teleconference. Once registration is complete, participants will be provided with a dial-in number containing a personalized PIN to access the call. While not required, it is recommended that participants join 10 minutes prior t

Kaman Corporation (NYSE:KAMN) announced today that it has entered into a definitive agreement with Parker-Hannifin Corporation ("Parker"), under which Kaman will acquire Parker's aircraft wheel & brake division ("Aircraft Wheel & Brake") for $440 million, subject to a customary working capital adjustment and the receipt of all necessary regulatory approvals (the "Transaction"). Parker is divesting Aircraft Wheel & Brake in order to secure approval from certain governmental authorities in connection with Parker's previously announced offer to acquire Meggitt PLC (the "Meggitt Acquisition"). Aircraft Wheel & Brake has been a trusted provider of mission-critical wheel and brake technology pro

First Quarter 2022 Highlights: Results were in line with our expectations and we are maintaining company outlook for 2022 Delivered year over year growth in Engineered Products Net sales: $158 million Gross Margin: 32.0%, a 120 basis point improvement over first quarter 2021 Net earnings: $4.0 million Adjusted EBITDA*: $12.2 million; Adjusted EBITDA margin*: 7.7% Diluted earnings per share: $0.14 per share, $0.15 per share adjusted* Kaman Corp. (NYSE:KAMN) today reported financial results for the first fiscal quarter ended April 1, 2022. Table 1. Summary of Financial Results (unaudited) Thousands of U.S. dollars (except share data)   Three Months Ended    

Kaman Corp. (NYSE:KAMN) announced today that it will report its first quarter 2022 results after the stock market closes on Monday, May 2, 2022, and host a live webcast and conference call at 8:30 am ET on Tuesday, May 3 2022. A supplemental presentation relating to the first quarter 2022 results will be posted to the Company's website prior to the earnings call at http://www.kaman.com/investors/quarterly-earnings-calls. The call will be accessible by telephone within the U.S. at (844) 473-0975 and from outside the U.S. at (562) 350-0826 (using the Conference I.D.: 3685246) or via the Internet at www.kaman.com. Please go to the website at least fifteen minutes prior to the start of the cal

Full Year 2021 Highlights: Achieved our earnings targets by leveraging our new operations excellence model Net sales: $709 million Gross margin: 33.4% Earnings from continuing operations: $43.7 million Adjusted EBITDA*: $95.5 million; Adjusted EBITDA margin*: 13.5% Diluted earnings per share from continuing operations: $1.57 per share, $1.93 per share adjusted* Cash flow from operating activities: $48.7 million Adjusted free cash flow*: $56.3 million Fourth Quarter 2021 Highlights: Net sales: $175.1 million Earnings from continuing operations: $9.2 million Adjusted EBITDA: $23.6 million; Adjusted EBITDA margin: 13.5% Diluted earnings per share from continuing opera

Kaman Corp. (NYSE:KAMN) announced today that it will report its fourth quarter 2021 results after the stock market closes on Thursday, February 24, 2022, and host a live webcast and conference call at 8:30 am ET on Friday, February 25, 2022. A supplemental presentation relating to the fourth quarter and full year 2021 results will be posted to the Company's website prior to the earnings call at http://www.kaman.com/investors/presentations. The call will be accessible by telephone within the U.S. at (844) 473-0975 and from outside the U.S. at (562) 350-0826 (using the Conference I.D.: 3966827) or via the Internet at www.kaman.com. Please go to the website at least fifteen minutes prior to t

Third Quarter Highlights: Kaman revises full year outlook for 2021; higher earnings from continuing operations on lower sales, cash flow guidance unchanged Net sales from continuing operations of $179.8 million, down 15.9% over the prior year period Gross profit from continuing operations of $63.1 million; or 35.1% of sales, a 380 basis point increase over the prior year period Earnings from continuing operations of $14.7 million, up $2.8 million from the second quarter of 2021 and $53.2 million over the third quarter of 2020 Adjusted EBITDA from continuing operations* of $27.8 million, or 15.5%, a 70 basis point improvement from the second quarter of 2021 Diluted earnings per s

Kaman Corp. (NYSE:KAMN) announced today that it will report its third quarter 2021 results after the stock market closes on Tuesday, November 2, 2021, and host a live webcast and conference call at 8:30 am ET on Wednesday, November 3, 2021. The call will be accessible by telephone within the U.S. at (844) 473-0975 and from outside the U.S. at (562) 350-0826 (using the Conference I.D.: 2868097) or via the Internet at www.kaman.com. Please go to the website at least fifteen minutes prior to the start of the call to register, download and install any necessary audio software. A replay will also be available two hours after the call and can be accessed at (855) 859-2056 or (404) 537-3406 (usin

Second Quarter Highlights: Kaman revises full year outlook for 2021 Net sales from continuing operations of $182.4 million, up 2.5% over the prior year period; Organic sales up 5.4% over the prior year period Gross profit from continuing operations of $61.9 million; Gross margin of 34.0% Earnings from continuing operations of $11.9 million, up $12.0 million over the prior year period Diluted earnings per share from continuing operations of $0.42; Adjusted diluted earnings per share from continuing operations* of $0.56, up 56% from prior year period Adjusted EBITDA from continuing operations* of $26.9 million, or 14.8%, up 480 basis points from the first quarter of 2021 and 140 b