Kratos Defense & Security Solutions, Inc. Q4 Earnings Fall 68%

(RTTNews) - Kratos Defense & Security Solutions, Inc. (KTOS) released a profit for fourth quarter that decreased from last year.

The company said its bottom line dropped to $1.2 million, or $0.02 per share. This was down from $3.8 million, or $0.06 per share, in last year's fourth quarter.

The company said revenue for the quarter fell 7.6% to $177.5 million. This was down from $192.1 million last year.

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

-Earnings (Q4): $1.2 Mln. vs. $3.8 Mln. last year. -Earnings Decline (Y-o-Y): -68.4% -EPS (Q4): $0.02 vs. $0.06 last year. -EPS Decline (Y-o-Y): -66.7% -Revenue (Q4): $177.5 Mln vs. $192.1 Mln last year. -Revenue Change (Y-o-Y): -7.6%