Kratos Reports Full Year and Fourth Quarter Fiscal 2014 Financial Results

For the fourth quarter ended Dec. 29, 2014, Kratos reported revenues of $221.5 million.

SAN DIEGO – Kratos Defense & Security Solutions (NASDAQ:KTOS) reported 11 cents earnings per share in its latest quarterly report, beating analysts’ consensus estimate of 7 cents, according to Analyst Ratings Net.

RELATED: Kratos Gears Up for More Security Conquests

The company reported fiscal year 2014 revenues of $868 million and adjusted EBITDA of $82.2 million, or 9.5% of revenue. For the fourth quarter ended Dec. 29, 2014, Kratos reported revenues of $221.5 million, adjusted EBITDA of $23 million, or 10.4% of revenue, and cash flow from operations of $25.9 million.

A number of research firms have recently commented on the KTOS. Analysts at B. Riley reiterated a “buy” rating and set a $9 price target on shares of Kratos in a research note on March 6. Analysts at Noble Financial lowered their price target on shares of Kratos from $10.50 to $9.00 and set a “buy” rating on the stock in a research note on Jan. 9. They noted that the move was a valuation call. Finally, analysts at Zacks upgraded shares of Kratos from an “underperform” rating to a “neutral” rating and set a $5 price target on the stock in a research note on Jan. 7.

Kratos has a 52 week low of $4.21 and a 52 week high of $9.08. The company’s market cap is $342.73 million, according to Analyst Ratings Net.

Security Is Our Business, Too

For professionals who recommend, buy and install all types of electronic security equipment, a free subscription to Security Sales & Integration is like having a consultant on call. You’ll find an ideal balance of technology and business coverage, with installation tips and techniques for products and updates on how to add sales to your bottom line.

A free subscription to the #1 resource for the residential and commercial security industry will prove to be invaluable. Subscribe today!

Subscribe Today!

Get Our Newsletters