RTTNews | Feb 25, 2021 04:58PM EST

16:57 Thursday, February 25, 2021 (RTTNews.com) - Kratos Defense & Security Solutions, Inc. (KTOS) reported a profit for its fourth quarter that increased from last year.

The company's bottom line totaled $78.1 million, or $0.62 per share. This compares with $3.0 million, or $0.03 per share, in last year's fourth quarter.

Excluding items, Kratos Defense & Security Solutions, Inc. reported adjusted earnings of $16.4 million or $0.08 per share for the period.

Analysts had expected the company to earn $0.10 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 11.5% to $206.4M from $185.1M last year.

Kratos Defense & Security Solutions, Inc. earnings at a glance:

-Earnings (Q4): $16.4 Mln. vs. $14.8 Mln. last year.-EPS (Q4): $0.08 vs. $0.09 last year.-Analysts Estimate: $0.10-Revenue (Q4): $206.4M vs. $185.1M last year.

Read the original article on RTTNews ( https://www.rttnews.com/3173090/kratos-defense-security-solutions-inc-q4-adjusted-earnings-miss-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved