Cadre Holdings achieved strong financial performance in Q4 2024, with revenue increasing by 41.3% year-over-year to $176.0 million, driven by acquisitions and strong shipments of Armor and Duty Gear. Adjusted EBITDA grew significantly to $38.5 million, leading to a higher adjusted EBITDA margin of 21.9%. Gross profit margin improved to 43.9%, reflecting stronger operational efficiencies. Net income reached $13.0 million, up from $9.6 million in Q4 2023.
Cadre Holdings reported net sales of $109.4 million and a net income of $3.7 million for the third quarter of 2024. The results were impacted by cybersecurity incidents that temporarily disrupted business operations. The company is focused on long-term growth through innovation, strategic acquisitions, and maintaining market leadership.
Cadre Holdings reported a strong second quarter in 2024, with net sales increasing by 19% year-over-year to $144.3 million and net income rising by 14% year-over-year to $12.6 million. Adjusted EBITDA increased to $28.3 million with an adjusted EBITDA margin of 19.6%. The company is actively evaluating M&A opportunities and remains on track to deliver double-digit net sales and adjusted EBITDA growth in 2024.
Cadre Holdings reported a strong first quarter in 2024, achieving record net sales of $137.9 million and a gross profit of $57.6 million. The company reaffirmed its full-year guidance, reflecting confidence in its operating model and the resilience of its businesses.
Cadre Holdings reported Q4 2023 net sales of $124.6 million compared to $123.6 million for the same quarter in the prior year. Net income for the quarter was $9.6 million, or $0.25 per diluted share, compared to $6.6 million in the prior year. The company's Adjusted EBITDA for the quarter was $20.7 million, representing a 16.6% margin.
Cadre Holdings reported strong Q3 2023 results with increased revenue, net income, and gross margin year-over-year. The company achieved a record adjusted EBITDA margin and raised its full-year adjusted EBITDA guidance range.
Cadre Holdings reported net sales of $121.1 million, net income of $11.0 million, and adjusted EBITDA of $22.8 million for the second quarter of 2023. The company increased its full-year Adjusted EBITDA guidance to a range of $80 million to $84 million and expects net sales between $472 million and $484 million.
Cadre Holdings reported a strong first quarter in 2023, with net sales of $111.7 million and net income of $7.0 million. The company's adjusted EBITDA grew to $18.6 million, with gross profit and adjusted EBITDA margins increasing by 320 and 300 basis points, respectively. Cadre Holdings also reaffirmed its full-year 2023 guidance.
Cadre Holdings reported Q4 2022 net sales of $123.6 million and net income of $6.6 million, or $0.17 per diluted share. The company exceeded its pricing growth target above inflation and generated adjusted EBITDA of $22.4 million. For full year 2023, Cadre expects net sales of $463 to $493 million and adjusted EBITDA of $76 to $82 million.
Cadre Holdings reported strong Q3 2022 results, with net sales of $111.6 million and net income of $4.9 million. The company also generated $20.7 million of Adjusted EBITDA, with an Adjusted EBITDA margin of 18.6%.
Cadre Holdings reported a net sales increase to $118.2 million, with a gross profit margin of 36.6% and net income of $4.4 million. The company exceeded its pricing growth target, grew its orders backlog, and reaffirmed its full-year guidance.