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.
Cadre Holdings (NYSE: CDRE), specializing in safety equipment for law enforcement, first responders, military, and nuclear markets, announced participation in two upcoming investor conferences. President Brad Williams and CFO Blaine Browers will represent the company. The first is the 24th Annual B. Riley Institutional Investor Conference on May 23, 2024, in Beverly Hills, CA. The second is the Stifel Cross Sector Insight Conference on June 4, 2024, in Boston, MA, where they will present at 1:50 p.m. ET. Presentations will be webcast live via the Investor Relations section of Cadre's website. Management will also engage in investor meetings at these events.
Cadre Holdings, Inc. (NYSE: CDRE) reported strong first quarter 2024 financial results, achieving record net sales of $137.9 million and gross profit of $57.6 million. The company reaffirmed its full-year guidance and declared a quarterly cash dividend. Cadre completed high-margin acquisitions, which led to a growth in net sales and gross margin. Despite increased expenses, the company generated $6.9 million in net income and $24.5 million in Adjusted EBITDA for the quarter.
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