Kratos: Q4 Earnings Snapshot
By AP News
Published - Feb 13, 2024, 04:48 PM ET
Last Updated - Feb 13, 2024, 04:48 PM EST
ROUND ROCK, Texas (AP) — ROUND ROCK, Texas (AP) — Kratos Defense & Security Solutions Inc. (KTOS) on Tuesday reported fourth-quarter profit of $2.4 million.
The Round Rock, Texas-based company said it had profit of 2 cents per share. Earnings, adjusted for one-time gains and costs, were 12 cents per share.
The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 8 cents per share.
The military contractor posted revenue of $273.8 million in the period, which also topped Street forecasts. Six analysts surveyed by Zacks expected $252 million.
