secwatch.observer — SEC 8-K summary
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Issuer:     KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS)
CIK:        0001069258
Form:       8-K
Filed at:   2022-08-04T23:59:59+00:00
Accession:  0001069258-22-000053
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kratos Q2 2022 revenue $224.2M, net loss $4.7M; FY rev guide $890-930M
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- GAAP loss per share $0.04 vs income $0.01 in Q2 2021; adjusted EPS $0.07 vs $0.06.
- Unmanned Systems segment revenue $56.4M (down 6% YoY) includes $5.5M litigation charge; KGS revenue $167.8M (+16% YoY) with $21.5M from acquisitions.
- Space, Satellite and Cyber revenue $88.5M (+31% YoY) including $15M from Cosmic AES; organically up 8.9%.
- FY 2022 guidance: revenue $890-930M, adj EBITDA $80-85M, cap ex $45-55M, FCF use $30-40M.
- Book-to-bill 1.2x; total backlog $1.05B; bid pipeline $9.9B; Q3 revenue forecast $220-230M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1069258/000106925822000053/0001069258-22-000053-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1069258/000106925822000053/ktos-20220804.htm
  HTML page:      https://secwatch.observer/filing/0001069258-22-000053

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