Karman reports Q2 adjusted EPS 10c, one estimate 7c

Reports Q2 revenue $115.1M, consensus $105.23M. “Building on our strong momentum since our February IPO, we produced another quarter of record results that include year-over-year increases of 35 percent in quarterly revenue, 29 percent in adjusted EBITDA and 36 percent in funded backlog,” said Tony Koblinski, chief executive officer of Karman (KRMN) Space & Defense. “Double-digit revenue growth in each of our three end markets reflects strong, continued demand for our differentiated solutions.”