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Kratos plagued by workforce, supply chain challenges
Net loss of $7M reported in Q1 amid revenue spike
Kratos Defense & Security Solutions reported first-quarter revenues of $231.8 million Wednesday, an 18.1% increase compared with Q1 2022’s revenues of $196.2 million. The company posted a net loss of $7 million. WHY IT MATTERS: San Diego-based Kratos (NASDAQ: KTOS) has posted losses for three consecutive quarters, including $8 million in Q3 2022 and $8.3 million […]
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