Revenue rose 62% year over year to a record, and $8.6 million in deal costs tied to Mynaric, Motiv and the pending Iridium takeover is the only reason EPS missed expectations. Management guided Q3 revenue to another record. Keep an eye on the stock through the 5:00 PM ET call.
Rocket Lab :
RKLB
RKLB
Stock Data
$80.04
$2.79 (3.37%)
Asset Type
Common Stock
Exchange
NASDAQ
Currency
USD
Country
USA
Sector
INDUSTRIALS
Industry
AEROSPACE & DEFENSE
Rocket Lab USA Inc. is a pioneering force in the aerospace sector, specializing in delivering comprehensive launch services and space systems solutions. Based in Long Beach, California, and founded in 2006, the company excels in offering a wide range of services including spacecraft design, manufacturing, and on-orbit management. Rocket Lab is renowned for its Electron rocket, a reusable orbital-class small rocket, and the Photon satellite platforms. Additionally, it is developing the Neutron launch vehicle to expand its payload capabilities. Serving a diverse clientele, Rocket Lab caters to commercial entities, aerospace prime contractors, and government agencies, solidifying its role as a key player in advancing space exploration and utilization.
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