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Jun 30, 2023
Cadre Holdings Q2 2023 Earnings Report
Cadre Holdings reported consolidated operating results for the second quarter ended June 30, 2023.
Key Takeaways
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.
Net sales of $121.1 million for the second quarter.
Gross profit margin of 41.9% for the second quarter.
Net income of $11.0 million, or $0.29 per diluted share, for the second quarter.
Adjusted EBITDA of $22.8 million for the second quarter, with a margin of 18.8%.
Revenue by Segment
Forward Guidance
Cadre expects to generate net sales in the range of $472 million to $484 million and Adjusted EBITDA in the range of $80 million to $84 million for the full year 2023.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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