Reports Q4 revenue $238.68M, consensus $227.96M. The company said, “The fourth quarter was a solid finish to a record-setting year,” said Jeffrey L. Powell, president and chief executive officer for Kadant. “Despite macroeconomic headwinds in certain regions, we had another well-executed quarter. Growth in our material handling segment was particularly notable led by record capital equipment revenue. This contributed to strong adjusted EBITDA performance and healthy cash flow in the fourth quarter.”
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