Karman reports FY24 EPS 8c vs 3c last year

Reports FY24 revenue $345.3M, consensus $346.14M. “After producing strong financial results in 2024, we successfully completed our IPO in February, marking the beginning of the next phase of Karman’s (KRMN) growth journey,” said Tony Koblinski, chief executive officer of Karman Space & Defense “We have now strengthened our balance sheet by refinancing our debt, and acquired MTI to expand our capabilities and offering. Our progress reflects the strength of our business model, the power of our diverse customer and program portfolio and the relentless efforts of all our team members to deliver value to our customers.”