earnings
confidence high
sentiment positive
materiality 0.75
Kratos FY21 revenue $811.5M (+8.5%), Q4 net loss $2.6M; FY22 guidance $880-920M
KRATOS DEFENSE & SECURITY SOLUTIONS, INC.
2021-FY EPS reported
-$0.02
revenue$811,500,000
- FY21 revenue $811.5M, up 8.5% YoY; Q4 revenue $211.6M, up 2.5%. GAAP loss per share $0.02; adjusted EPS $0.36 vs $0.33.
- Unmanned Systems revenue $231.9M (+24%); Space, Satellite & Cyber $276.3M (+18.9%).
- FY22 guidance: revenue $880-920M, Adj EBITDA $85-89M, capex $55-65M, operating cash flow $25-35M.
- Q4 consolidated book-to-bill 1.5x; total backlog $953.9M (up 14% sequentially); bid pipeline $9.4B.
- Cash $349.4M; free cash flow used $11.2M in FY21 after $46.5M capex.