
Kratos Defense & Security Solutions [KTOS] on Wednesday reported solid fourth quarter financial results on growth across its operating segments, although bottom-line results were mixed as operating income fell but net income overall was higher after excluding a bump from non-controlling interests a year ago. Net income was up 63 percent to $3.9 million, 3 cents earnings per share (EPS), from $2.4 million (2 cents EPS) in the fourth quarter of 2023. Adjusting for taxes, interest expense, restructuring costs, stock-based…