Rocket Lab Reports Third-Quarter Revenue of $267.8 Million
Story updates
09:22:28 PM UTC
SquawkNews
Rocket Lab’s third-quarter revenue rose 73% year over year, while its net loss widened. Growth was driven by spacecraft manufacturing and acquisitions in Space Systems, alongside a higher Electron launch cadence; increased research and development and selling, general and administrative expenses al…
09:34:23 PM UTC
SquawkNews
WASHINGTON (dpa-AFX) - Rocket Lab Corporation (RKLB) released Loss for its third quarter of -$79.677 millionThe company's earnings came in at -$79.677 million, or -$0.12 per share. This compares with -$18.257 million, or -$0.03 per share, last year.The company's revenue for the period rose 72.7% t…