Karman Space Posts 2024 Revenue, Profit Growth 

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Karman Space and Defense said today that FY 2024 revenue grew 23% to $345 million year over year while annual net income rose  to $12.7 million.

It was the first earnings statement since the company (NYSE: KRMN) went public in February.

For the full fiscal year 2025, the company said it expects total revenue to grow to between $423 million and $433 million.

Shares in Karman rose 1% to $28.11 in after-hours trading, while the market cap was  $3.7 billion at midday.

For further details, see the April 14 print edition.