Rocket Lab Reports Mixed Q2 Results, Record Backlog, Strong Guidance Driven By 'Massive Momentum'

Rocket Lab Corp (NASDAQ: RKLB ) posted financial results for the second quarter after the market close on Monday. Here’s a rundown of the end-to-end space company’s report. Rocket Lab shares are trending Monday. Where is RKLB stock going? Rocket Lab Q2 Highlights Rocket Lab reported second-quarter revenue of $234.07 million, beating the consensus estimate of $231.35 million. The company reported a second-quarter loss of eight cents per share, missing estimates for a loss of seven cents per share, according to Pro. Total revenue was up 62% on a year-over-year basis, driven by “surging demand” across all business segments. Rocket Lab said it signed $437 million in new Electron, HASTE and Neutron launch contracts in the second quarter, as well as additional post-quarter signings. “Q2 was another fantastic quarter for Rocket Lab, highlighted by record results...