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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, Inc. (NYSE: CDRE) will release its financial results for the first quarter ending March 31, 2023, on May 9, 2023, after market close. A conference call to discuss these results is scheduled for the same day at 5:00 p.m. ET. Key executives, including CEO Warren Kanders, will present during the call. For those unable to attend, a replay will be available until May 23, 2023. Cadre, based in Jacksonville, Florida, specializes in manufacturing and distributing safety equipment for first responders, with a diverse range of products used in over 100 countries. Significant brands under its umbrella include Safariland® and Med-Eng®, offering critical protection for law enforcement and emergency response teams globally.
Cadre Holdings, Inc. (NYSE: CDRE) has announced a quarterly cash dividend of $0.08 per share, totaling $0.32 annually. This dividend will be paid on May 19, 2023, to shareholders on record as of May 5, 2023. The Company's Board retains discretion over future dividend declarations. Cadre is a global leader in manufacturing safety and survivability equipment for first responders, with products utilized by law enforcement and emergency services across over 100 countries. Key offerings include body armor and explosive ordnance disposal equipment, reinforcing the Company's commitment to providing critical protection in hazardous situations.
Cadre Holdings, Inc. (NYSE: CDRE) reported strong financial results for Q4 and the full year 2022, exceeding inflation-driven pricing growth targets. Q4 net sales were $123.6 million, up from $103.5 million in Q4 2021, while full-year net sales reached $457.8 million, a rise from $427.3 million. The company achieved a Q4 net income of $6.6 million, or $0.17 per diluted share, and adjusted EBITDA of $22.4 million with a margin of 18.1%. Looking ahead, Cadre forecasts 2023 net sales between $463 million and $493 million, with adjusted EBITDA projected at $76 million to $82 million. A quarterly cash dividend of $0.08 per share was also declared.
Cadre Holdings, Inc. (NYSE: CDRE), a leader in safety equipment for first responders, will present at Bank of America's Global Industrials Conference in London on March 22, 2023, at 12:30 p.m. ET. President Brad Williams and CFO Blaine Browers will represent the company. The presentation will be accessible via a live webcast on Cadre's Investor Relations page. Cadre specializes in protective gear, including body armor and explosive ordnance disposal equipment, and serves over 100 countries. Interested investors can contact their Bank of America sales representative for details.
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