secwatch.observer — SEC 8-K summary
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Issuer:     KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS)
CIK:        0001069258
Form:       8-K
Filed at:   2023-11-02T23:59:59+00:00
Accession:  0001069258-23-000061
Event type: earnings
Sentiment:  positive
Materiality: 0.78
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kratos Q3 revenues $274.6M (+20% organic YoY), raises FY revenue guidance
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1069258/000106925823000061/0001069258-23-000061-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1069258/000106925823000061/ktos-20231102.htm
  HTML page:      https://secwatch.observer/filing/0001069258-23-000061

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