Rocket Lab posted strong growth for the second quarter. Its backlog is now over $1 billion.
Rocket Lab USA Inc.'s successful test of its Archimedes engine bodes well for the space-launch company's new Neutron rocket, says Cantor.
Rocket Lab USA (RKLB) shares popped Friday, a day after the company posted record revenue and a narrowing of its second-quarter loss.
Rocket Lab USA Inc (NASDAQ:RKLB) shares surged as the leader in launch services and space systems impressed investors with its second quarter results. For the quarter ended June 30, 2024, Rocket Lab posted record revenue of $106 million, a 71% increase from the year-ago quarter.
Space stocks are climbing in premarket trades Friday, boosted by Virgin Galactic Holdings Inc.'s and Rocket Lab USA Inc.'s results this week.
Rocket Lab USA, Inc. (NASDAQ:RKLB ) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET Company Participants Morgan Connaughton - VP of Marketing and Communications Peter Beck - Founder & CEO Adam Spice - CFO Conference Call Participants Edison Yu - Deutsche Bank Erik Rasmussen - Stifel Kristine Liwag - Morgan Stanley Jason Gursky - Citi Cai von Rumohr - TD Cowen Andre Madrid - BTIG Suji Desilva - ROTH MKM Andres Sheppard - Cantor Fitzgerald Anthony Valentini - Goldman Sachs Operator Hello and thank you for standing by. My name is Regina and I will be your conference operator today.
Rocket Lab USA, Inc. (RKLB) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of a loss of $0.10. This compares to loss of $0.10 per share a year ago.
Rocket Lab surpassed $100 million in quarterly revenue for the first time, a 71% increase from the same quarter of last year. This is just one of several shiny accomplishments executives showed off to investors on Thursday — and a good omen for the space company's medium-term ambitious plans.
Rocket Lab USA Inc. shares rallied more than 7% in the extended session Thursday after the launching-services company narrowed its quarterly loss and hailed a 71% jump in revenue.
Rocket Lab USA, Inc. (RKLB) closed the most recent trading day at $5.40, moving +1.12% from the previous trading session.
In the latest trading session, Rocket Lab USA, Inc. (RKLB) closed at $5.72, marking a +1.24% move from the previous day.
Rocket Lab USA, Inc. RKLB is rocketing to new heights, catching the eyes of investors with its bullish technical signals. This space company, known for its launch services and space systems solutions, is now seeing its stock making a Golden Cross – a key indicator suggesting more bullish movement ahead.