Rocket Lab USA Q3 Loss Widens, Revenue Increases; Q4 Outlook Issued -- Shares Jump After Hours

MT Newswires Live
13 Nov 2024

Rocket Lab USA (RKLB) reported a Q3 loss Tuesday of $0.10 per diluted share, wider than a loss of $0.08 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.11.

Revenue for the quarter ended Sept. 30 was $104.8 million, up from $67.7 million a year earlier.

Analysts surveyed by Capital IQ expected $102.4 million.

The company expects Q4 revenue between $125 million and $135 million.

Analysts polled by Capital IQ expect $122.2 million.

The company's shares were rising above 23% in recent after-hours trading.

Price: 18.14, Change: +3.48, Percent Change: +23.74

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10