Cadre Holdings, Inc. Form 8-K Summary
Business Context and Reporting Period
Cadre Holdings, Inc. (CDRE), an emerging growth company incorporated in Delaware, filed this Current Report on December 2, 2021. The filing serves to announce the Company's financial results for the quarter ended September 30, 2021.
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. The report references a press release (Exhibit 99.1) containing these details, including non-GAAP measures such as EBITDA, adjusted EBITDA, adjusted EBITDA margin, and LTM adjusted EBITDA, but the specific figures are not included in the provided text.
Material Changes
The filing does not contain specific data regarding material changes versus the prior comparable period. It notes that the referenced press release includes reconciliations of non-GAAP measures to GAAP results to assist investors in understanding period-over-period operating performance.
Guidance, Outlook, and Risks
Management commentary is limited to the rationale for presenting non-GAAP measures, stating they provide useful information for understanding ongoing operations and modeling future earnings. The Company cautions that these measures should not substitute for GAAP results and may not be comparable to similarly titled measures used by other companies. No specific forward-looking guidance or new risk factors are detailed in this text.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release) for specific Q3 2021 revenue, net income, and cash flow figures.
- Examine the reconciliation tables in the press release to understand adjustments made to calculate Adjusted EBITDA.
- Verify the Company's status as an emerging growth company and any related accounting election impacts.
- Check the conference call presentation (Exhibit 99.2) for management's qualitative outlook and strategic updates.