Kratos Defense (KTOS) Tops Q2 EPS by 2c

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Kratos Reports Second Quarter 2020 Financial Results

August 4, 2020 4:00 PM EDT

Second Quarter 2020 Revenues of $170.4 Million Book to Bill Ratio of 1.2 to 1

SAN DIEGO, Aug. 04, 2020 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, today reported its second quarter 2020 financial results.  For the second fiscal quarter of 2020, Kratos reported Revenues of $170.4 million and Adjusted EBITDA of $15.3 million. 

Second Quarter 2020 Revenues of $170.4 million, as compared to $187.9 million in the second quarter of 2019, reflect a reduction of approximately $17.0 million in the KGS segment, resulting primarily... More