Feb 24, 2011. /Lesprom Network/. Kadant Inc. reported revenues from continuing operations of $73.3 million in the 4Q 2010, an increase of $16.5 million, or 29%, compared with $56.8 million in the 4Q 2009. Revenues for the 4Q 2010 included a $1.1 million, or 2%, decrease from foreign currency translation. Operating income from continuing operations was $6.7 million in the 4Q 2010, which included a $0.1 million restructuring charge, as the company said in a press release received by Lesprom Network. Net income from continuing operations was $5.1 million in the 4Q 2010, compared to a net loss of $1.7 million in the 4Q 2009. For full-year 2010, Kadant reported revenues from continuing operations of $270 million, an increase of $44.4 million, or 20%, compared with $225.6 million in 2009. Revenues for 2010 included a $0.9 million decrease from foreign currency translation. Operating income from continuing operations was $24.9 million in 2010, including a $1 million gain, compared to an operating loss of $0.5 million in 2009, which included a $4.4 million restructuring charge. Net income from continuing operations was $18.4 million in 2010, compared to a net loss of $5.9 million in 2009. Net income from continuing operations in 2010 included a $0.9 million after-tax gain. “Our full year results represent an extraordinary rebound from 2009, capped off by a strong fourth quarter,” said Jonathan W. Painter, President and CEO of Kadant. “Diluted EPS from continuing operations was $.41 in the 4Q 2010, compared to our guidance of $.26 to $.28. The increase was primarily due to higher revenues, especially in our stock preparation product line, and to better operating leverage. “Revenues of $73.3 million in the 4Q 2010 were up 29% compared to last year and increased 10% compared to the 3Q 2010. The increases were broadly based across all our major geographic territories and were especially strong in China, where revenues of $12.3 million nearly doubled over the 4Q 2009. Operating income of $6.7 million was 9% of revenues, and operating cash flows were $13.8 million, one of the highest quarterly results in the company’s history. We ended the quarter with $61.8 million in cash and $22.7 million in total debt for a net cash position of $39.1 million,” Jonathan W. Painter added. Kadant Inc. is a leading supplier to the global pulp and paper industry, with a range of products and systems for improving efficiency and quality in pulp and paper production, including stock preparation, fluid handling, paper machine accessories, and water management equipment.