secwatch.observer — SEC 8-K summary
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Issuer:     KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS)
CIK:        0001069258
Form:       8-K
Filed at:   2023-02-23T23:59:59+00:00
Accession:  0001069258-23-000006
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kratos Q4 revenue $249.3M (+17.8% YoY); net loss $8.3M; FY23 guidance $980M-$1B
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- Q4 2022 revenue $249.3M, up 17.8% YoY; net loss $8.3M ($0.07 loss per share); adjusted EPS $0.08.
- FY2022 revenue $898.3M (+10.7% YoY); net loss $36.9M ($0.29 loss per share); adjusted EPS $0.31.
- FY2023 guidance: revenue $980M-$1B, adjusted EBITDA $85-$89M, free cash flow $10-$20M.
- Record consolidated backlog $1.11B; bid pipeline $10B; Q4 book-to-bill 1.2x.
- CEO cites new hypersonic awards, Valkyrie drone contracts, and expects ~10% revenue growth in 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1069258/000106925823000006/0001069258-23-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1069258/000106925823000006/ktos-20230223.htm
  HTML page:      https://secwatch.observer/filing/0001069258-23-000006

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