Kratos FY23 revenue $1.037B (+15.5% YoY); Q4 GAAP EPS $0.02; guides FY24 rev $1.125-1.15B

KRATOS DEFENSE & SECURITY SOLUTIONS, INC.

2023-FY EPS reported -$0.07 revenue$1,037,100,000

FY23 revenue $1.037B (+15.5% YoY, +12.6% organic); GAAP net loss $8.9M (-$0.07 EPS) vs $36.9M loss in FY22.
Q4 revenue $273.8M (+9.8%); GAAP net income $2.4M ($0.02 EPS) vs $8.3M loss; adj EPS $0.12.
Q4 operating cash flow $67.4M; free cash flow $48.1M after $19.3M capex for Valkyrie production lots.
KGS segment Q4 revenue $218.4M (+17.0% organic); KUS revenue $55.4M, down from $62.7M on lower tactical drone activity.
FY24 guidance: revenue $1.125-1.15B, Adj EBITDA $102-107M; Q1 rev $240-260M, Adj EBITDA $16-18M; assumes CRA resolved.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

KRATOS DEFENSE & SECURITY SOLUTIONS, INC. reported fourth quarter 2023 results: revenue $273.8 million, net income $2.4 million, EPS $0.02 per share.

Period: fourth quarter 2023
Revenue: $273.8 million
Net income: $2.4 million
EPS: $0.02 per share
Result: reported results

Exact text from the filing

today reported its fourth quarter 2023 financial results, including Revenues of $273.8 million, Operating Income of $11.7 million, Net Income attributable to Kratos of $2.4 million, Adjusted EBITDA of $29.1 million

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

KRATOS DEFENSE & SECURITY SOLUTIONS, INC. reported full year 2023 results: revenue $1.037 Billion. Guidance initiated.

Period: full year 2023
Revenue: $1.037 Billion
Guidance: initiated
Result: reported results

Exact text from the filing

Full Year 2023 Revenues of $1.037 Billion Reflect 15.5 Percent Growth and 12.6 Percent Organic Growth, Respectively, Over Full Year 2022 Revenues of $898.3 Million

View on SEC.gov

Browse all earnings releases →

KRATOS DEFENSE & SECURITY SOLUTIONS, INC. filing history →

Source: SEC EDGAR

accession 0001069258-24-000005

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.