secwatch.observer — SEC 8-K summary
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Issuer:     KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS)
CIK:        0001069258
Form:       8-K
Filed at:   2024-08-07T23:59:59+00:00
Accession:  0001069258-24-000049
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kratos Q2 revenue $300.1M (+16.8%), GAAP net income $7.9M, affirms FY24 guidance
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- Q2 rev $300.1M (+16.8% YoY, 16.7% organic); GAAP EPS $0.05 vs ($0.02); Adj EPS $0.14 vs $0.09.
- Unmanned Systems rev $85.8M (+64.7%, +61.8% organic); KGS rev $214.3M (+4.6% organic).
- Consolidated book-to-bill 1.1x; bookings $334.1M; total backlog $1.303B. Unmanned Systems book-to-bill 1.5x.
- Provides Q3 guidance: rev $265-280M, Adj EBITDA $20-23M; affirms FY24 rev $1.125-1.150B, Adj EBITDA $102-107M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1069258/000106925824000049/0001069258-24-000049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1069258/000106925824000049/ktos-20240807.htm
  HTML page:      https://secwatch.observer/filing/0001069258-24-000049

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