Firefly Aerospace Delivers Q2 Double Beat as Revenue Soars 650%

Firefly Aerospace Inc (NASDAQ: FLY ) reported financial results for the second quarter on Tuesday after the closing bell. Here’s what you need to know from the print. Firefly Aerospace stock is seeing increased attention. Why are FLY shares trending? Firefly Aerospace Q2 Key Metrics Firefly reported second-quarter revenue of $117.68 million, beating analyst estimates of $88.20 million, according to Pro. The company reported a second-quarter adjusted loss of 42 cents per share, beating estimates for a loss of 52 cents per share. Total revenue was up 659% on a year-over-year basis and up 45.5% compared to the first quarter. Firefly highlighted multiple achievements in the quarter, including multiple NASA contracts, Air Force contracts and an Nvidia collaboration. “Breaking the $100 million mark with another quarterly revenue record demonstrates Firefly’s amplified grow...