earnings
confidence high
sentiment neutral
materiality 0.70
Kratos Q1 revenues up 18.1% to $231.8M, net loss narrows to $0.05/sh
KRATOS DEFENSE & SECURITY SOLUTIONS, INC.
2023-Q1 EPS reported
-$0.05
revenue$231,800,000
- Revenue $231.8M (+18.1% YoY, 12% organic); GAAP net loss $7.0M ($0.05/sh) vs $15.9M loss YoY.
- Adjusted EPS $0.06, Adjusted EBITDA $17.0M; full-year FY2023 guidance affirmed.
- Unmanned Systems revenue $48.0M (-8.7% YoY), operating loss $0.6M; book-to-bill 1.9x.
- Government Solutions revenue $183.8M (+28% YoY, +19.6% organic); operating income $7.7M.
- Consolidated book-to-bill 1.1x; backlog $1.13B; bid pipeline $10B.