Virgin Galactic (SPCE) came out with a quarterly loss of $1.09 per share versus the Zacks Consensus Estimate of a loss of $1.51. This compares to a loss of $2.66 per share a year ago.
Virgin Galactic Holdings, Inc. (NYSE:SPCE ) Q2 2025 Earnings Conference Call August 6, 2025 5:00 PM ET Company Participants Douglas T. Ahrens - Executive VP, CFO & Treasurer Eric Cerny - Vice President of Investor Relations Michael A.
Virgin Galactic (SPCE) came out with a quarterly loss of $1.47 per share versus the Zacks Consensus Estimate of a loss of $2.12. This compares to a loss of $4.36 per share a year ago.
Virgin Galactic's Q1 2025 results excited the market, but revenue predictability remains a concern. Management forecasts reduced cash burn and expects commercial flights to begin in early 2026, extending operational runway with current cash reserves. Long-term projections suggest strong revenue and EBITDA potential, but actual customer demand for high-priced space experiences is unproven.
Virgin Galactic Holdings Inc (NYSE:SPCE) shares surged almost 40% after the space travel company reported significant progress in its cost-cutting efforts during the first quarter. The company reduced its operating expenses by 21% year-over-year to $89 million, narrowing its net loss to $84 million or $2.38 per share compared to a loss of $102 million or loss per share of $5.10 in the year-ago quarter.
Virgin Galactic Holdings, Inc. (NYSE:SPCE ) Q1 2025 Earnings Conference Call May 15, 2025 5:00 PM ET Company Participants Eric Cerny - Vice President, Investor Relations Michael Colglazier - President and Chief Executive Officer Doug Ahrens - Chief Financial Officer Conference Call Participants Oliver Chen - TD Cowen Greg Konrad - Jefferies Gregory Dahlberg - Wolfe Research Operator Good afternoon. My name is Louella and I will be your conference operator today.
Virgin Galactic (SPCE) came out with a quarterly loss of $2.38 per share versus the Zacks Consensus Estimate of a loss of $2.23. This compares to loss of $5 per share a year ago.
While the company has beaten EPS estimates in each of the last four quarters, stock reactions have been muted or negative: –0.3%, –11.8%, and –1.5% in the last three prints.
Virgin Galactic (SPCE) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
The Virgin Galactic stock price has crashed to a record low as concerns about its going concern continued. SPCE crashed to a low of $3.36, bringing the year-to-date losses to 42%.
Virgin Galactic Holdings Inc. says it is making progress building its new Delta-class spacecraft, which it says will help unlock the company's future profitability.
Virgin Galactic Holdings, Inc. (NYSE:SPCE ) Q4 2024 Earnings Conference Call February 26, 2025 5:00 PM ET Company Participants Eric Cerny - Vice President, Investor Relations. Michael Colglazier - Chief Executive Officer Mike Moses - President, Spaceline Doug Ahrens - Chief Financial Officer Conference Call Participants Greg Konrad - Jefferies Michael Leshock - KeyBanc Capital Markets Myles Walton - Wolfe Research Tom Nass - TD Cowen Operator Good afternoon.