The company cited acquisitions, higher defense funding and production investments as it projected stronger revenue but lower margins and free cash flow.
Kratos Defense & Security Solutions Inc (NASDAQ:KTOS) reported financial results for the first quarter after the market close on Wednesday. Here’s a look at the key details from the report.
Kratos Defense & Security stock is showing exceptional strength. Why are KTOS shares rallying? Kratos Defense Q1 Key Metrics Kratos reported first-quarter revenue of $371 million, beating analyst estimates of $339.84 million, according to Benzinga Pro. The d…