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Kratos Defense and Security Solutions Inc Lowers FY 2013 Guidance; Issues Q4 2013 Guidance; EBITDA Guidance Below Analysts' Estimates


Thursday, 7 Nov 2013 04:00pm EST 

Kratos Defense and Security Solutions Inc updated its previously communicated fiscal 2013, revenue guidance to $955 million to $975 million, Adjusted EBITDA guidance to $102 to $106 million. Provided fourth quarter revenue guidance of $240 million to $260 million and Adjusted EBITDA guidance of $26 million to $30 million. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $978 million and EBITDA of $115 million for fiscal 2013; revenue of $256 million and EBITDA of $38 million for the fourth quarter of 2013. 

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