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.”
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KRMN:
- Defense spending heading higher under Trump administration, says Citi
- Karman Holdings Inc.: Strong Growth Potential Driven by GMLRS Expansion and Defense Bill Exposure
- Karman price target raised to $38 from $35 at RBC Capital
- Karman price target lowered to $35 from $38 at RBC Capital
- Karman Holdings Inc.: Strong Financial Performance and Strategic Positioning Drive Buy Rating
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue