NYSE$CDRE
Cadre Holdings Inc · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Cadre Holdings' financial results for Q2 2022 were reported, demonstrating pricing growth above inflation and strong Adjusted EBITDA conversion.
Cadre Holdings reported a net sales increase to $118.2 million, with a gross profit margin of 36.6% and net income of $4.4 million. The company exceeded its pricing growth target, grew its orders backlog, and reaffirmed its full-year guidance.
- Net sales for the second quarter reached $118.2 million.
- Gross profit margin for the second quarter was 36.6%.
- Net income for the second quarter amounted to $4.4 million, or $0.12 per diluted share.
- Adjusted EBITDA for the second quarter was $18.4 million, with a margin of 15.6%.
Headline financials
Revenue & EPS history
Cadre Holdings · Revenue · Quarterly
$118M
Revenue by segment
Cadre Holdings · $233M total across 2 segments · Q2 2022
- Product$185M-2.6%79.5%
- Distribution$47.8M+0.5%20.5%
Forward guidance
For the full year 2022, Cadre expects to generate net sales in the range of $444.0 million to $452.0 million and Adjusted EBITDA in the range of $72.5 million and $77.5 million. Cadre expects Adjusted EBITDA conversion in the range of 92-95% for the full year.
Tailwinds
- Net sales are expected to be in the range of $444.0 million to $452.0 million.
- Adjusted EBITDA is expected to be in the range of $72.5 million and $77.5 million.
- Adjusted EBITDA conversion is expected to be in the range of 92-95%.
- The company anticipates continued strong demand for its products.
- The company expects its product portfolio mix to normalize in the second half of 2022.
Headwinds
- Ongoing supply chain disruptions could impact results.
- Changes to global, social, and political economic conditions could impact results.
- Spending patterns of government agencies could impact results.
- Competitive pressures could impact results.
- The impact of acquisitions and related integration activities could impact results.
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 Q2 2022
+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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