NYSE$CDRE
Cadre Holdings Inc · Q1 2023 earnings
Q1 2023 earnings · · Investor relations
Briefing
Achieved revenue, net income, and adjusted EBITDA growth, with expanded gross and adjusted EBITDA margins.
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.
- Net sales reached $111.7 million.
- Gross profit margin was 41.7%.
- Net income was $7.0 million, or $0.19 per diluted share.
- Adjusted EBITDA was $18.6 million.
Headline financials
Revenue & EPS history
Cadre Holdings · Revenue · Quarterly
$112M
Revenue by segment
Cadre Holdings · $24.7M total across 1 segment · Q1 2023
- Distribution$24.7M—100.0%
Forward guidance
For the full year 2023, Cadre expects to generate net sales in the range of $463 million to $493 million and Adjusted EBITDA in the range of $76 million to $82 million. Capital expenditures are expected to be in the range of $8.5 million to $9.5 million.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 18 quarterly earnings reports · overlaid with Q1 2023
+0.7%
Avg return
Earnings day
+0.2%
Avg return
5 days after
+2.1%
Avg return
30 days after
64%
14 / 22 earnings
Positive
+20.3%
Q1 2025
Best reaction
-13.3%
Q4 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +4.3% | -1.0% | -1.1% | |
| Q4 2025 | -13.3% | -19.2% | -19.8% | |
| Q3 2025 | -3.6% | -3.3% | -5.0% | |
| Q1 2025 | +20.3% | +20.8% | +16.5% | |
| Q4 2024 | +5.1% | -3.3% | -8.2% | |
| Q3 2024 | -3.8% | -1.5% | +0.5% | |
| Q2 2024 | -0.6% | -0.7% | -1.0% | |
| Q1 2024 | -12.2% | -9.5% | -6.8% | |
| Q4 2023 | +0.2% | +3.9% | -2.9% | |
| Q3 2023 | +6.3% | +12.0% | +11.6% | |
| Q2 2023 | +8.5% | +7.5% | +10.1% | |
| Q1 2023 | +2.7% | +2.7% | -3.6% | |
| Q4 2022 | -7.3% | -7.9% | +9.3% | |
| Q3 2022 | +4.1% | -11.4% | -18.5% | |
| Q2 2022 | -4.1% | +1.2% | +3.9% | |
| Q1 2021 | +0.6% | +0.5% | -20.2% | |
| Q1 2022 | +3.1% | +3.8% | -7.7% | |
| Q2 2021 | +4.7% | +6.6% | +3.9% | |
| Q4 2021 | -2.8% | +7.9% | +3.9% | |
| Q4 2020 | +1.1% | -1.3% | +27.0% | |
| Q3 2020 | +1.1% | -1.3% | +27.0% | |
| Q3 2021 | +1.1% | -1.3% | +27.0% | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — |
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