secwatch.observer — SEC 8-K summary
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Issuer:     KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS)
CIK:        0001069258
Form:       8-K
Filed at:   2022-02-22T23:59:59+00:00
Accession:  0001069258-22-000013
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kratos FY21 revenue $811.5M (+8.5%), Q4 net loss $2.6M; FY22 guidance $880-920M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1069258/000106925822000013/0001069258-22-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1069258/000106925822000013/ktos-20220222.htm
  HTML page:      https://secwatch.observer/filing/0001069258-22-000013

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer