Kratos Defense & Security Solutions, Inc. (KTOS) recently announced that BlueHalo showcased the capabilities of its completely virtualized satellite communications (SATCOM) ground system, OpenSpace, at the 2024 Space Symposium held in Colorado. At this symposium, BlueHalo exhibited the utility of integrated backend mission services for the U.S. Space Force’s (“USSF”) Satellite Communication Augmentation Resource (“SCAR”) program and the importance of OpenSpace in the backend system.Benefits of the OpenSpace ...

Kratos Defense & Security Solutions Inc (NASDAQ:KTOS) stock was last seen up 0.5% at $21.76, pacing for a third-straight daily gain after earlier surging to a fresh two-year high of $22.03. The shares already boast a 54.9% year-over-year lead, and now a historically bullish signal points to prolonged tailwinds ahead.Today's peak comes amid historically low implied volatility (IV), which has been a bullish combination for the stock in the past. Per Schaeffer's Senior Quantitative Analyst Rocky White, there w ...

Shares of Kratos Defense & Security Solutions, Inc. (KTOS) increased 5.8% to reach $19.84 on May 8, reflecting investors’ optimism following the company’s latest result release.KTOS reported first-quarter 2024 adjusted earnings of 11 cents per share, up 83.3% from 6 cents reported in the prior-year quarter. The figure also surpassed the Zacks Consensus Estimate of earnings of 5 cents per share by 120%.Kratos Defense reported GAAP earnings of a penny per share against a loss of 5 cents in the first quarter o ...

Alexyz3dKratos Defense & Security Solutions (NASDAQ:KTOS) reported first quarter earnings on May 7, beating analyst estimates on top and bottom line. In response to the earnings, the stock is now trading 4.9% higher. In September 2023, I upgraded Kratos stock from hold to buy and that call has worked out rather well with a 30.6% return for Kratos vs. a 16.5 jump of the S&P 500. In this report, I will be analyzing the results, discuss the Q2 2024 outlook and update my price target and rating for KTOS sto ...

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 $ ...

财务数据和关键指标变化 - 第一季度收入为2.772亿美元,超出预期范围2.4亿美元至2.6亿美元,主要由于涡轮技术和微波产品业务表现强劲 [43] - 第一季度调整后EBITDA为2600万美元,超出预期范围1600万美元至1800万美元,反映了收入增加以及毛利率较高的软件和数据相关收入增加 [44] - 经营活动产生的正现金流为70万美元,受到存货和预付资产增加的影响 [45] - 自由现金流使用1590万美元,主要用于资本支出1660万美元,包括扩建微波产品、火箭系统和高超音速业务的制造和生产设施 [46][47] - 应收账款周转天数从第四季度的109天改善至107天 [48] 各条业务线数据和关键指标变化 - 无人机系统业务第一季度有21.8%的有机增长,订单额为8100万美元,订单增长率为1.41 [13][14] - 无人机系统业务预计今年将增长约20%,受益于当前地缘政治环境 [13] - 微波电子业务在第一季度大幅超出预期,获得了多个新的和增加的现有项目和合同订单,包括导弹、雷达和防空系统 [20][21] - 涡轮技术和发动机业务在第一季度也大幅超出预期,包括无人机、导弹和自杀式无人机的小型喷气发动机,高超音速和超音速系统的发动机,以及太空和某些机密航空系统的发动机和推进系统 [24][25] 各个市场数据和关键指标变化 - 第一季度来自美国联邦政府的收入约占69%,包括国防部、非国防联邦政府机构和外国军事销售合同 [49] - 第一季度来自商业客户的收入占12%,来自外国客户的收入占19% [49] 公司战略和发展方向及行业竞争 - 公司定位为领先的国防技术产品和软件公司,专注于获得和支持记录有机增长和执行 [9] - 加速增长领域包括无人机喷气式无人机系统、无人机喷气发动机、导弹、自杀式无人机和用于防空、导弹雷达和卫星系统的高性能微波电子系统 [11] - 公司与大型传统系统集成商合作,利用自身的差异化优势和较低成本,在无人机、高超音速、推进系统、固体火箭发动机和C5ISR领域加速增长 [11] - 公司正在为执行现有和预期的火箭、弹道导弹防御、固体火箭发动机和高超音速系统的需求进行大量投资 [19] - 公司的独特的全球空间域感知系统是一项重要资产,其数据和信息对客户越来越有价值 [29] - 公司正在大幅投资于OpenSpace虚拟化地面系统产品线和全球空间域感知系统的扩展 [31] 管理层对经营环境和未来前景的评论 - 由于中国、俄罗斯、伊朗及其代理人以及朝鲜等国家的威胁不断增加,正在发生战略武器系统的代际更替 [15] - 美国及其盟友的优先领域包括防空系统、无人机、自杀式无人机、导弹及其发动机、雷达、反无人机、太空和卫星系统、战略威慑、火箭高超音速和导弹防御靶标及训练系统 [16] - 公司有信心实现2024年的财务预测,并看好2025年的前景 [12] - 公司正在投资扩大生产能力,以满足预期的客户需求增长 [39][46][47] - 公司面临的最大挑战是招聘和留住技术人才,这可能会限制公司的增长潜力 [50] 问答环节重要的提问和回答 问题1 **Peter Arment 提问** 考虑到公司第一季度有20%的有机增长,但全年指引只有约10%的增长,这是否较为保守? [55] **Eric DeMarco 回答** 公司的订单和近期机会在2024年都已掌握。政府合同办公室需要在6个月内签订12个月的资金。公司正在谨慎对待,因为政府还有大量工作要做。[56] 问题2 **Michael Ciarmoli 提问** 公司从更多作为供应商而非总包商的转变进展如何?新机会中,作为供应商或分包商的占比是多少? [82] **Eric DeMarco 回答** 公司会根据中标概率和所需投资来选择合作模式。在某些领域,公司的优势是低成本可重复使用的无人机,会直接中标。在防空、导弹等领域,公司主要与雷神、诺斯罗普和洛克希德马丁等大型系统集成商合作,发挥自身的差异化优势。[84][87] 问题3 **Joe Gomes 提问** 公司需要多少额外的员工来推进业务发展? [114] **Eric DeMarco 回答** 在某些特定项目上,公司可以立即增加30-40名工程师。但由于行业整体人才紧缺,公司需要平衡季度盈利能力、执行力和新员工招聘。公司正在采取措施,如自建制造中心等,来应对供应链和关键供应商的瓶颈风险。[115][119]

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 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 SOLUTIONS, INC. (Exact name of registrant as specified in its charter) Delaware 13-38 ...

Exhibit 99.1 Press Contact: Yolanda White 858-812-7302 Direct Investor Information: 877-934-4687 investor@kratosdefense.com Kratos Reports First Quarter 2024 Financial Results 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 Fir ...