NYSE$CDRE
Cadre Holdings Inc · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
Cadre Holdings reported strong Q4 results, exceeding pricing growth target and generating record full year net sales and adjusted EBITDA.
Cadre Holdings reported Q4 2022 net sales of $123.6 million and net income of $6.6 million, or $0.17 per diluted share. The company exceeded its pricing growth target above inflation and generated adjusted EBITDA of $22.4 million. For full year 2023, Cadre expects net sales of $463 to $493 million and adjusted EBITDA of $76 to $82 million.
- Net sales for the fourth quarter reached $123.6 million.
- Gross profit margin for the fourth quarter was 39.2%.
- Net income for the fourth quarter was $6.6 million, or $0.17 per diluted share.
- Adjusted EBITDA for the fourth quarter was $22.4 million, with a margin of 18.1%.
Headline financials
Revenue & EPS history
Cadre Holdings · Revenue · Quarterly
$124M
Revenue by segment
Cadre Holdings · $23.3M total across 1 segment · Q4 2022
- Distribution$23.3M—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 and $82 million. Cadre expects Adjusted EBITDA conversion in the range of 87-90% for the full year.
Tailwinds
- Expected net sales between $463 million and $493 million.
- Adjusted EBITDA projected to be between $76 million and $82 million.
- Anticipated Adjusted EBITDA conversion in the range of 87-90%.
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 Q4 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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