Business
Cadre Holdings Reports First Quarter 2025 Financial Results
JACKSONVILLE, Fla., May 06, 2025--Cadre Holdings, Inc. (NYSE: CDRE) ("Cadre" or "Company"), a global leader in the manufacturing and distribution of safety equipment and other related products for the law enforcement, first responder, military and nuclear markets, announced today its consolidated operating results for the three months ended March 31, 2025.
About this update from Cadre Holdings, Inc.
[{"type":"text","content":"Capitalizes on Continued Strong Demand for Mission Critical Safety Equipment","length":76,"tagName":"p","attribs":{}},{"type":"text","content":"Completes Acquisition of Multiple Leading Nuclear Brands, Expanding Geographic Footprint","length":88,"tagName":"p","attribs":{}},{"type":"text","content":"Increased Guidance Reflects Completed Acquisition and Reaffirmed Organic Growth Expectations","length":92,"tagName":"p","attribs":{}},{"type":"text","content":"2025 Outlook: Net Sales of $618 to $648 Million and Adjusted EBITDA of $112 to $122 Million","length":91,"tagName":"p","attribs":{}},{"type":"text","content":"JACKSONVILLE, Fla., May 06, 2025--(BUSINESS WIRE)--Cadre Holdings, Inc. (NYSE: CDRE) ("Cadre" or "Company"), a global leader in the manufacturing and distribution of safety equipment and other related products for the law enforcement, first responder, military and nuclear markets, announced today its consolidated operating results for the three months ended March 31, 2025.","length":395,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Net sales of $130.1 million for the first quarter","length":49,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Gross profit margin of 43.1% for the first quarter","length":50,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Net income of $9.2 million, or $0.23 per diluted share, for the first quarter","length":77,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Adjusted EBITDA of $20.5 million for the first quarter","length":54,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Adjusted EBITDA margin of 15.8% for the first quarter","length":53,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Declared quarterly cash dividend of $0.095 per share in April 2025.","length":67,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":350,"olType":false},{"type":"text","content":""Following a record year, we continued to see strong and recurring demand for our best-in-class, mission-critical safety products in the first quarter," said Warren Kanders, CEO and Chairman. "Despite more pronounced uncertainty in our business environment, we have been pleased with our team’s ability to navigate challenges and leverage the Cadre operating model to drive cont...