Kratos Defense (KTOS) Tops Q4 EPS by 3c, Revs Miss

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Kratos Reports Fourth Quarter and Fiscal Year 2018 Financial Results

February 28, 2019 4:00 PM EST

SAN DIEGO, Feb. 28, 2019 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, today reported its fourth quarter and full year 2018 financial results.  For the fourth quarter 2018, Kratos reported Revenues of $164.4 million, Adjusted EBITDA of $18.0 million, or 10.9%, a 13.9% increase over 2017, Operating Income of $10.8 million, a 172.0% increase over 2017, Cash Flow from Operations of $2.7 million, and a Free Cash Flow from Operations use of $2.0 million.  For the fourth quarter 2018, the Company reported Adjusted EPS* of $0.09, a 28.6% increase over 2017, Net income of $4.7 million, a 121.2% increase over 2017, and GAAP EPS of... More