Kaman Reports 24.6% Increase in Net Sales over Prior Year Period

May 18 2020

First Quarter Highlights:

• Net sales from continuing operations of $207.3 million up 24.6% over prior year period
• Organic sales from continuing operations* of $184.0 million up 10.5% over prior year period
• Net loss from continuing operations of $0.4 million; Adjusted EBITDA from continuing operations* up 39.7% to $26.2 million, or 12.6% of sales
• Diluted earnings per share from continuing operations of $(0.01), or $0.48 adjusted*
• Withdraws full year guidance for 2020

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