The Marked Chart Wire · Series of events
Series of events · Kratos
Kratos beats earnings, lands satellite deal
Kratos reports strong quarterly results and a new contract for Thaicom satellite gateway systems.
Updated
The flow in 3 points
- Third-quarter earnings of $0.24 beat the $0.21 estimate
- Sales rose 36 percent with backlog at $2.65 billion
- New deal to build gateway systems for Thaicom 10
What happened, in order
Times are Eastern-
Where it began
Earnings beat estimates
Kratos Defense reported third-quarter earnings of $0.24 per share, above the $0.21 estimate, with revenue at $471.8 million.
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Sales rise 36 percent
Kratos reported a 36 percent sales increase and a $2.65 billion backlog, though free cash flow remained negative.
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Latest
Satellite deal won
Kratos won a deal with Gulf Space Technology to provide gateway equipment for the Thaicom 10 satellite.
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How they connect
Kratos first reported third-quarter earnings that beat estimates. The company then highlighted a 36 percent sales rise and a growing backlog before announcing a new contract for Thaicom satellite systems.
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