secwatch.observer — SEC 8-K summary
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Issuer:     KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS)
CIK:        0001069258
Form:       8-K
Filed at:   2023-08-03T23:59:59+00:00
Accession:  0001069258-23-000044
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kratos Q2 revenues up 14.6% to $256.9M; net loss narrows to $0.02 EPS; FY guidance affirmed
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- Q2 revenues $256.9M (+14.6% YoY); GAAP net loss $2.7M ($0.02/share) vs $4.7M loss ($0.04) in Q2 2022.
- Adjusted EPS $0.09 vs $0.07; Adjusted EBITDA $21.6M.
- KGS segment organic growth 17.1%; KUS revenues down to $52.1M but operating income turned positive at $1.2M.
- Book-to-bill 1.1x; backlog $1.16B; bid pipeline $10B.
- FY 2023 guidance affirmed: revenue $980M-$1B, Adj EBITDA $85-89M, FCF $10-20M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1069258/000106925823000044/0001069258-23-000044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1069258/000106925823000044/ktos-20230803.htm
  HTML page:      https://secwatch.observer/filing/0001069258-23-000044

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