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 ...