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home / news releases / is kratos stock a good buy after earnings

KTOS - Is Kratos Stock A Good Buy After Earnings?

Kratos Defense & Security Solutions Inc.

2024-05-08 15:41:58 ET

Summary

  • Kratos Defense & Security Solutions reported strong Q1 2024 earnings, beating analyst estimates on the top and bottom lines.
  • Revenues increased by nearly 20% due to the acquisition of Sierra Technical Services, with profits increasing from $0.5 million to $7 million.
  • The company is guiding for 6% revenue growth in Q2 2024, with adjusted EBITDA margins expected to be 7.9%.

For further details see:

Is Kratos Stock A Good Buy After Earnings?
Stock Information
Company Name: Kratos Defense & Security Solutions Inc.
Stock Symbol: KTOS
Market: NASDAQ
Website: kratosdefense.com
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