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Cadre Holdings Shares Decline In After-Hrs Trade On FY25 Outlook Below Street View

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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Shares of Cadre Holdings (CDRE) were down 5 percent on Tuesday's extended trading after the company's outlook for fiscal 2025 came in much below the Street expectations. The company's fourth quarter results, however, improved from last year.

For full-year 2025, the company expects net sales between $572 million and $601 million. On average, 6 analysts expect net sales of $620.86 million for the year. Analysts' estimates, usually, exclude items.

In fiscal 2024, the company posted net sales of $567.6 million.

In fiscal 2025, Adjusted EBITDA is expected in the range of $105 million, and $115 million, higher than prior year's adjusted EBITDA of $104.8 million.

Capital expenditures are expected in the $7 million- $9 million range.

In its fourth quarter, the company posted net income of $12.98 million, or $0.32 per share, higher than last year's $9.59 million, or $0.25 per share.

The company's revenue for the period rose 41.3 percent to $175.98 million from $124.58 million in the same quarter a year ago.

On the NYSE, the stock fell 4.53 percent on Tuesday's after-trading to $32.00. CDRE closed Tuesday's regular trade at $33.52, down 0.97 percent.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.

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