WASHINGTON (dpa-AFX) - Kratos Defense & Security Solutions, Inc. (KTOS) revealed earnings for its fourth quarter that increased from the same period last year and beat the Street estimates.
The company's bottom line totaled $3.9 million, or $0.03 per share. This compares with $2.4 million, or $0.02 per share, last year.
Excluding items, Kratos Defense & Security Solutions, Inc. reported adjusted earnings of $19.8 million or $0.13 per share for the period.
Analysts on average had expected the company to earn $0.10 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 3.4% to $283.1 million from $273.8 million last year.
Kratos Defense & Security Solutions, Inc. earnings at a glance (GAAP) :
-Earnings: $3.9 Mln. vs. $2.4 Mln. last year. -EPS: $0.03 vs. $0.02 last year. -Revenue: $283.1 Mln vs. $273.8 Mln last year.
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