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Cadre Holdings, Inc. - CDRE STOCK NEWS

Welcome to our dedicated page for Cadre Holdings news (Ticker: CDRE), a resource for investors and traders seeking the latest updates and insights on Cadre Holdings stock.

Cadre Holdings, Inc. (symbol: CDRE) is at the forefront of the design and manufacture of essential safety and survivability equipment. The company's diversified product portfolio caters to first responders, federal agencies, outdoor recreation enthusiasts, and personal protection markets. By offering critical protection gear, Cadre Holdings ensures that users can safely perform their duties in hazardous or life-threatening situations.

The company operates through two primary segments: Products and Distribution. Each segment plays a crucial role in delivering high-quality safety equipment that meets stringent standards. The Products segment focuses on creating innovative and reliable protection gear, while the Distribution segment ensures these products reach their intended markets efficiently.

Recent achievements highlight Cadre Holdings' commitment to excellence and innovation. The company has forged strong partnerships with various federal agencies and first responder organizations, enhancing its reputation within the industry. Financially, Cadre Holdings continues to show robust growth, reflecting its strategic investments and market demand for reliable safety equipment.

Some of the standout products from Cadre Holdings include advanced ballistic protection gear, rescue tools, and personal protective equipment (PPE). These products are meticulously designed to offer maximum protection while maintaining ease of use and comfort. The company's dedication to research and development ensures that it remains a leader in safety technology, consistently bringing new and improved products to market.

Understanding the significance of Cadre Holdings, Inc. in the safety and survivability equipment industry is essential for stakeholders and investors. The company's continuous efforts to enhance product offerings, coupled with its strategic growth initiatives, make it a noteworthy entity in this space.

Stay updated with the latest news and developments from Cadre Holdings, Inc., and learn more about their innovative approach to safety and protection.

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Cadre Holdings, Inc. (NYSE: CDRE) announces the pricing of a public offering of 3,638,127 shares of its common stock at $35.00 per share, including shares offered by the Company and a Selling Stockholder. The underwriters have an option to purchase additional shares.
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Cadre Holdings, Inc. (NYSE: CDRE) announces a public offering of 3,475,000 shares of common stock, with 2,200,000 shares from the company and 1,275,000 shares from a Selling Stockholder. The net proceeds will be used for general corporate purposes, with BofA Securities as the lead book-running manager for the offering.
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Cadre Holdings, Inc. (NYSE: CDRE) reports strong financial performance for 2023, achieving annual net sales of $483 million, gross margin of 41.6%, and net income of $39 million. The company also generated record annual Adjusted EBITDA and Adjusted EBITDA Margin. Cadre expects full-year 2024 net sales of $553 to $572 million and Adjusted EBITDA of $104 to $108 million.
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Cadre Holdings, Inc. acquires Alpha Safety Intermediate, LLC for $106.5 million, expanding its presence in the nuclear safety solutions sector.
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Cadre Holdings, Inc. (NYSE: CDRE) plans to release Q4 2023 financial results on March 5, 2024, followed by a conference call discussing financial guidance for 2024 with key executives participating.
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Cadre Holdings, Inc. (NYSE: CDRE) acquires Alpha Safety Intermediate, LLC for $106.5 million, a leading nuclear safety solutions company. Alpha Safety offers technical safety products and services with strong customer relationships and significant intellectual property. The acquisition is expected to generate $44 million in revenues by the end of 2023, enhancing Cadre's high-margin safety business platform.
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Cadre Holdings, Inc. (NYSE: CDRE) has declared a quarterly cash dividend of $0.0875 per share, representing a 9% increase on an annualized basis. The dividend payment will be made on February 16, 2024, to shareholders of record as of February 2, 2024. The decision to declare future dividends lies with the Company's Board of Directors. Chairman and CEO Warren B. Kanders attributes the increased dividend to strategic execution, strong free cash flows, and confidence in the company's fundamentals.
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Cadre Holdings, Inc. (NYSE: CDRE) has completed the acquisition of ICOR Technology Inc., a leading manufacturer and distributor of explosive ordnance disposal robots and specialized protective security equipment for EOD and military organizations worldwide. The acquisition is expected to be immediately accretive, with the purchase price funded through available cash on the Company’s balance sheet.
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Cadre Holdings, Inc. (NYSE: CDRE) is set to present at the CJS Securities 24th Annual New Ideas for the New Year Conference. Brad Williams, President, and Blaine Browers, CFO, will participate in the event on January 10, 2024. The company is a global leader in safety and survivability equipment for first responders.
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Cadre Holdings, Inc. (NYSE: CDRE) has announced the acquisition of ICOR Technology Inc., a leading provider of EOD robots and specialized protective security equipment for law enforcement agencies and military organizations worldwide. The transaction is expected to close in the first quarter of 2023 and is anticipated to be funded through available cash on the company's balance sheet and potentially a draw on its existing undrawn revolving credit facility.
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FAQ

What is the current stock price of Cadre Holdings (CDRE)?

The current stock price of Cadre Holdings (CDRE) is $33.95 as of December 20, 2024.

What is the market cap of Cadre Holdings (CDRE)?

The market cap of Cadre Holdings (CDRE) is approximately 1.4B.

What does Cadre Holdings, Inc. specialize in?

Cadre Holdings, Inc. specializes in the design and manufacture of safety and survivability equipment for first responders, federal agencies, outdoor recreation, and personal protection markets.

What are the main segments of Cadre Holdings, Inc.?

The company operates through two main segments: Products and Distribution. The Products segment focuses on creating protective gear, while the Distribution segment ensures efficient delivery to the markets.

Who are the primary customers of Cadre Holdings, Inc.?

The primary customers include first responders, federal agencies, outdoor recreation enthusiasts, and individuals seeking personal protection.

What type of products does Cadre Holdings, Inc. offer?

Cadre Holdings offers advanced ballistic protection gear, rescue tools, and personal protective equipment (PPE) designed for maximum safety and comfort.

How does Cadre Holdings, Inc. ensure product quality?

The company invests heavily in research and development to create innovative and reliable safety products that meet stringent standards.

What recent achievements has Cadre Holdings, Inc. made?

The company has forged strong partnerships with federal agencies and first responder organizations, enhancing its reputation and market presence.

Is Cadre Holdings, Inc. financially stable?

Yes, Cadre Holdings has shown robust financial growth, reflecting its strategic investments and market demand for safety equipment.

What is the significance of Cadre Holdings, Inc. in its industry?

Cadre Holdings is a leader in the safety and survivability equipment industry, known for its innovative approach and high-quality products.

How can I stay updated with the latest news from Cadre Holdings, Inc.?

You can stay updated by following the latest news and developments on the company's official website or through stock market news portals.

What makes Cadre Holdings, Inc. products unique?

Their products are meticulously designed to offer maximum protection while maintaining ease of use and comfort, backed by extensive research and development.

Cadre Holdings, Inc.

NYSE:CDRE

CDRE Rankings

CDRE Stock Data

1.44B
25.85M
36.35%
64.06%
3.52%
Aerospace & Defense
Orthopedic, Prosthetic & Surgical Appliances & Supplies
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United States of America
JACKSONVILLE