Reports Q1 revenue $100.13M, consensus $96.38M. “Our strong momentum exiting 2024 continued into the first quarter of 2025 with record quarterly revenue, adjusted EBITDA and funded backlog,” said Tony Koblinski, chief executive officer of Karman (KRMN) Space & Defense. “Our team delivered double-digit, year-over-year revenue growth in each of our three end markets, a 450 basis point increase in gross margin and a 25 percent increase in adjusted EBITDA.”
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