Kratos Defense (KTOS) Tops Q1 EPS by 6c

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Kratos Reports First Quarter 2019 Financial Results

May 8, 2019 4:00 PM EDT

SAN DIEGO, May 08, 2019 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, today reported its first quarter 2019 financial results.  For the first quarter 2019, Kratos reported Revenues of $160.4 million, Adjusted EBITDA of $17.5 million, or 10.9 percent, a 27.7 percent increase over the first quarter of 2018, Operating Income of $8.2 million, a 17.1 percent increase over the first quarter of 2018, Cash Flow from Operations of $16.0 million, and a Free Cash Flow from Operations of $12.0 million after capital expenditures of $4.0 million.  For the first quarter 2019, the Company reported Adjusted EPS* of $0.08, a... More