Cadre reports Q3 EPS 9c, consensus 6c

Reports Q3 revenue $109.4M, consensus $126.27M. “During the third quarter we continued to see strong and recurring demand for Cadre’s (CDRE) best-in-class, mission-critical safety equipment,” said Warren Kanders, CEO and Chairman. “While events unrelated to business macros have impacted our short-term financial performance, we’ve been pleased with the teams’ overall progress and execution leveraging the Cadre operating model to drive constant organizational improvement and create greater value for customers and shareholders. Cadre continues to benefit from an innovative product offering, premium brands, and leading positions across our law enforcement, first responder, military and nuclear markets, supported by outstanding leadership.”