Rocket Lab shares slide on earnings miss and weak margin outlook
RKLB Rocket Lab Corp
$80.21 -3.16%
View chart & analysis → - 1Rocket Lab (RKLB) shares drop roughly 8% in premarket trading after quarterly results
- 2Posts a loss of $0.08 per share, missing estimates of $0.06 by 33.33%; GAAP gross margin guidance of 29–31% falls short of the roughly 37.6% expected
- 3Revenue, backlog, and Q3 revenue guidance come in strong, but focus turns to the profitability path and uncertainty over the timing of Neutron's first launch
This 3-line summary is compiled from the report below.
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