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Kratos Defense & Security Solutions posted Q4 2024 revenue of $283.1 million, reflecting a 3.4% growth year-over-year. The company achieved a net income of $3.9 million and an adjusted EPS of $0.13. Free cash flow for the quarter was $32.0 million, and the book-to-bill ratio stood at 1.5 to 1. Revenue growth was driven by strong performance in Unmanned Systems and Government Solutions, partially offset by declines in Space and Satellite businesses.
Kratos reported a slight increase in revenue for Q3 2024, with $275.9 million compared to $274.6 million in Q3 2023. The company's operating income was $6.5 million, and net income reached $3.2 million. The consolidated book-to-bill ratio stood at 1.0 to 1.0.