KRMN

Karman Holdings Inc. (KRMN) Q3 2026 Earnings Call Transcript

During the quarter, we initiated a position in Jersey Mike's Subs Inc., a franchisor of fast casual, submarine-style sandwich restaurants. We participated in the IPO of Lyntris Inc., a fast-growing proprietary defense solutions provider with a 90% sole-sourced portfolio exposed to many of the nation's key defense offerings. We sold our position in Wingstop Inc. during the quarter to allocate the proceeds into other restaurant companies where we felt there was better upside potential.

Karman Holdings Inc. (KRMN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Karman Holdings Inc. (KRMN) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)---- $KRMN #Defense--Karman Space & Defense (NYSE: KRMN) has entered into a seven-year, $218 million agreement with Lockheed Martin to provide shrouds for the Terminal High Altitude Area Defense (THAAD) program. The long-term commitment provides Karman increased visibility to invest in the people, equipment and manufacturing capacity needed to support growing U.S. and allied demand for THAAD. “Demand for missile defense capabilities is accelerating, and meeting that de.

Every space supplier building lunar modules, satellite hardware, and heavy components is betting its revenue timeline on a rocket it does not own, and the gap between two stocks tells you exactly how the market is scoring that bet.

Karman Holdings Inc. (KRMN) Presents at Morgan Stanley's 14th Annual Laguna Conference Transcript

The short-seller firm accused it of having weak internal controls. It also came under fire for its acquisition policy.

Baron Small Cap Fund (the Fund) was up 12.57% (Institutional Shares) in the second quarter, trailing the Russell 2000 Growth Index (the Index) by 13.14%, as the Index was up 25.71%. Shares increased during the quarter as Vertiv reported strong Q1 financial results (adjusted earnings per share increased 83% year-over-year) and increased fiscal year guidance fueled by organic sales growth of around 30%. Planet Fitness, Inc. , the leading high-value, low-cost gym operator, detracted from performance in the second quarter after the company lowered full-year guidance following weaker-than-expected member additions in the first quarter.

Karman Holdings has seen its share price halve, driving revenue multiples down from 30x to 10x amid continued 50% topline growth. Karman's backlog has surged to $1.3 billion, excluding potential long-term defense agreements worth over $1 billion, supporting robust future visibility. Recent M&A, including the $94 million Walker Precision deal, and strong bookings have driven constructive sentiment despite leverage at 3.7x and high earnings multiples.