earnings
confidence high
sentiment positive
materiality 0.78
Kratos Q3 revenues $274.6M (+20% organic YoY), raises FY revenue guidance
KRATOS DEFENSE & SECURITY SOLUTIONS, INC.
2024-Q3 EPS reported
-$0.09
revenue$763,300,000
- Q3 revenues $274.6M, up 20.1% organically YoY; GAAP net loss $1.6M ($0.01 loss/share) vs $8.0M loss in Q3 2022.
- Adjusted EPS $0.12 vs $0.08; Adjusted EBITDA $27.7M; KGS segment +22% organic, KUS +13.4% organic.
- FY2023 revenue guidance raised to $1.0–1.02B (from $1.0–1.01B prior?); affirmed Adj. EBITDA $85–89M.
- Q4 2023 guidance: revenue $237–257M, Adj. EBITDA $19–23M; FY2024 expected ~10% revenue growth.
- Consolidated backlog $1.17B; bid pipeline $10.3B; book-to-bill 1.0x for Q3, 1.1x LTM.