The first quarter was strong, and a long-awaited drone order could be on the horizon.Kratos Defense & Security Solutions (KTOS 5.74%) delivered better-than-expected results in the first quarter and provided positive updates about some of its most important drone programs. Investors are climbing on board, sending Kratos shares up 5% as of 2:30 p.m. ET on Wednesday.A drone leader in a dangerous worldKratos is a defense contractor focused on electronics and unmanned aerial vehicles (UAVs). The company earned $ ...

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) Q1 2024 Results Conference Call May 7, 2024 5:00 PM ET Company Participants Marie Mendoza - Senior Vice President and General Counsel Eric DeMarco - President and CEO Deanna Lund - Executive Vice President and CFO Conference Call Participants Peter Arment - Baird Michael Ciarmoli - Truist Securities Ken Herbert - RBC Capital Markets Mike Crawford - B. Riley Securities Rocco Barbero - JPMorgan Joe Gomes - NOBLE Capital Josh Sullivan - The Benchmark Comp ...

Kratos (KTOS) reported $277.2 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 19.6%. EPS of $0.11 for the same period compares to $0.06 a year ago.The reported revenue represents a surprise of +10.46% over the Zacks Consensus Estimate of $250.96 million. With the consensus EPS estimate being $0.05, the EPS surprise was +120.00%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ...

Kratos (KTOS) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 120%. A quarter ago, it was expected that this military contractor would post earnings of $0.08 per share when it actually produced earnings of $0.12, delivering a surprise of 50%.Over the last four quarters, the company ha ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2024 (State or other jurisdiction of incorporation or organization) Delaware 13-3818604 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission file number 001-34460 KRATOS DEFENSE & SECURITY SO ...

First Quarter 2024 Revenues of $277.2 Million Increased 19.6 Percent over First Quarter 2023 Revenues of $231.8 Million, including 19.5 Percent Organic Growth First Quarter 2024 Unmanned Systems Revenues of $59.4 Million Increased 23.8 Percent over First Quarter 2023 Revenues of $48.0 Million, including 21.8 Percent Organic Growth First Quarter 2024 KGS Revenues of $217.8 Million Reflect 18.5 Percent Organic Growth over First Quarter 2023 Revenues of $183.8 Million First Quarter 2024 and Last Twelve Months ...

Analysts on Wall Street project that Kratos (KTOS) will announce quarterly earnings of $0.05 per share in its forthcoming report, representing a decline of 16.7% year over year. Revenues are projected to reach $250.96 million, increasing 8.3% from the same quarter last year.Over the last 30 days, there has been a downward revision of 7.1% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts ov ...

SAN DIEGO, April 29, 2024 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS), a Technology Company in the Defense, National Security and Global Markets, announced today that it will publish financial results for the first quarter 2024 after the close of market on Tuesday, May 7th. Management will discuss the Company's operations and financial results in a conference call beginning at 2:00 p.m. Pacific (5:00 p.m. Eastern). The call will be available at www.kratosdefense.com. Particip ...

Its products are in high demand as conflicts flare around the world -- but does its stock cost too much?Kratos Defense & Security Solutions (KTOS 7.99%) got a big lift Friday when investment bank Raymond James upgraded its stock from outperform to strong buy and raised its price target to $27 a share.As of 1:22 p.m. ET, shares of the tiny defense contractor were up by about 7.5%.What Raymond James is saying about KratosThe reason for the upgrade was obvious: "Drones & Air Defense ... demand has accelerated ...

SAN DIEGO and LUXEMBOURG, April 17, 2024 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS), a technology company in the defense, national security and global markets, and SES, a leader in global content connectivity solutions, successfully executed a fully virtualized satellite communications (SATCOM) ground system demonstration for the U.S. Army's Combat Capabilities Development Command, both announced today. Kratos and SES successfully showed a flexible network architecture facil ...