Kaman: Q4 Earnings Snapshot
By AP News
Published - Feb 23, 2023, 06:15 PM ET
Last Updated - Jun 22, 2023, 07:47 PM EDT
BLOOMFIELD, Conn. (AP) — BLOOMFIELD, Conn. (AP) — Kaman Corp. (KAMN) on Thursday reported a fourth-quarter loss of $54.9 million, after reporting a profit in the same period a year earlier.
The Bloomfield, Connecticut-based company said it had a loss of $1.96 per share. Earnings, adjusted for asset impairment costs and restructuring costs, came to 42 cents per share.
The industrial distribution aircraft components company posted revenue of $197.1 million in the period.
For the year, the company reported a loss of $46.2 million, or $1.65 per share, swinging to a loss in the period. Revenue was reported as $688 million.
