Recap: Kratos Defense & Security Q1 Earnings - Kratos Defense & Security (NASDAQ:KTOS)

Kratos Defense & Security KTOS reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:00 PM.

Here's what investors need to know about the announcement.

Kratos Defense & Security beat estimated earnings by 20.0%, reporting an EPS of $0.06 versus an estimate of $0.05.

Revenue was up $35.60 million from the same period last year.

Last quarter the company missed on EPS by $0.0 which was followed by a 13.16% increase in the share price the next day.

Here's a look at Kratos Defense & Security's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.08	0.07	0.04	0.03
EPS Actual	0.08	0.08	0.07	0.04
Revenue Estimate	242.05M	227.09M	210.24M	196.63M
Revenue Actual	249.30M	228.60M	224.20M	196.20M

To track all earnings releases for Kratos Defense & Security visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.