Earnings Call Summary | Kadant(KAI.US) Q4 2023 Earnings Conference
Earnings Call Summary | Kadant(KAI.US) Q4 2023 Earnings Conference
The following is a summary of the Kadant Inc. (KAI) Q4 2023 Earnings Call Transcript:
以下是凯登公司（KAI）2023年第四季度财报电话会议记录摘要：
Financial Performance:
财务业绩：
Kadant reported Q4 gross margin of 42.7%, a slight decrease from the previous year's Q4 gross margin of 43.1%.
GAAP EPS increased by 4% to $2.33 for the Q4, compared to the previous year's $2.23.
Full year GAAP EPS of $9.90 was down 4% as compared to $10.35 in 2022.
The company reported a record annual adjusted EBITDA of $201.3 million in 2023, a significant increase of 58% since 2019.
凯登公布的第四季度毛利率为42.7％，较去年第四季度的43.1％略有下降。
第四季度GAAP每股收益增长了4％，至2.33美元，而去年同期为2.23美元。
全年公认会计原则每股收益为9.90美元，与2022年的10.35美元相比下降了4％。
该公司报告称，2023年调整后的年度息税折旧摊销前利润达到创纪录的2.013亿美元，自2019年以来大幅增长了58％。
Business Progress:
业务进展：
More than half of Kadant's revenue is from subsidiaries under or initiating the 80/20 program.
Following recent acquisitions, Kadant retains a borrowing capacity of $71 million.
The company anticipates its 2024 revenue to range from $1.04 billion to $1.065 billion.
Kadant plans to continue its focus on margin improvement and capitalizing on opportunities via robust backlog and cash flow generation.
凯登一半以上的收入来自80/20计划下或启动的子公司。
继最近的收购之后，Kadant保留了7100万美元的借款能力。
该公司预计，其2024年的收入将在10.4亿美元至10.65亿美元之间。
Kadant计划继续专注于提高利润率，并通过强劲的待办事项和现金流创造来抓住机会。
More details: Kadant IR
更多详情： Kadant IR
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