Kadant Inc. provided earnings guidance for the first quarter and full year of 2022. For the first quarter of 2022, The company expects revenue of $212 to $217 million, GAAP diluted EPS of $1.95 to $2.05, and excluding $0.05 per diluted share of amortization expense associated with acquired backlog, adjusted diluted EPS of $2.00 to $2.10.

The company expect to deliver strong financial performance in the coming year with full year GAAP diluted EPS of $8.50 to $8.70 on revenue of $870 to $890 million in 2022.