secwatch.observer — SEC 8-K summary
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Issuer:     KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS)
CIK:        0001069258
Form:       8-K
Filed at:   2023-05-03T23:59:59+00:00
Accession:  0001069258-23-000025
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kratos Q1 revenues up 18.1% to $231.8M, net loss narrows to $0.05/sh
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1069258/000106925823000025/0001069258-23-000025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1069258/000106925823000025/ktos-20230503.htm
  HTML page:      https://secwatch.observer/filing/0001069258-23-000025

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