earnings
confidence high
sentiment neutral
materiality 0.65
Kratos Q1 revenue $196.2M (+1%), GAAP net loss $15.9M includes $13M debt extinguishment; affirms FY22 guidance
KRATOS DEFENSE & SECURITY SOLUTIONS, INC.
2022-Q1 EPS reported
-$0.12
revenue$196,200,000
- GAAP loss per share $0.12 vs +$0.01 YoY; adjusted EPS $0.04 vs $0.06.
- Revenue $196.2M, up 1% YoY; impacted by CRA, supply chain, COVID ($15.3M deferred).
- KUS revenue $52.6M (down 6%); KGS revenue $143.6M (up 4%); Space/Sat/Cyber $72.5M (up 24%).
- Backlog $982.1M, bid pipeline $9.4B; Q2 rev guidance $205-215M, FY22 rev $880-920M.
- CEO notes ~150 jet drones produced annually; expects substantial H2 improvement.