Major Movers of the Day: Kratos Defense & Security Solutions (NASDAQ: KTOS ) and Lockheed Martin [NYSE: LMT]
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SmartOTC brings a special trend analysis of these stocks: Kratos Defense & Security Solutions (NASDAQ: KTOS ) and Lockheed Martin [NYSE: LMT]
Kratos Defense & Security Solutions (NASDAQ: KTOS) declared earnings on May 9. Below are the numbers of investors concern.
For the quarter concluded on March 31 (Q1), Kratos Defense & Security Solutions topped predictions on revenues and met targets on earnings per share.
How shares of Kratos reacted after the news? Find out here
In contrast to the prior-year quarter, revenue hiked critically. Non-GAAP earnings per share hiked. GAAP loss per share prolonged. Margins lowered throughout the board.
Kratos Defense & Security Solutions announced revenue of $252.8 million. The seven experts surveyed by S&P Capital IQ predicted to see revenue of $236.9 million on the same basis. GAAP declared sales were 21% superior to the prior-year quarter’s $209.5 million.
The FBI’s Next Generation Identification (NGI) Increment 3 was deployed on May 5, 2013, giving critiucal enhancement in latent fingerprint search accuracy and a new worldwide palm print identification system to assist to solve cold cases and enhance crime-solving capabilities.
These latest resources are amid the newest upgrades given by a Lockheed Martin [NYSE: LMT]-led team for the FBI’s NGI system.
How shares of Lockheed Martin reacted after the news? Find out here
The enhancements are the biggest so far in a series of phased upgrades to the FBI’s biometric identification services, giving powerful new and enhanced biometric capabilities for over 18,000 local, state, tribal, and federal law enforcement agencies throughout the country.
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