Rocket Lab shares slide on earnings miss and weak margin outlook

1. 1Rocket Lab (RKLB) shares drop roughly 8% in premarket trading after quarterly results
2. 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
3. 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

Source InvestorsHub +1 · View original ↗

Today's 5 AI picks, all free

Nothing hidden: past picks and how they did against the S&P 500.

See today's picks →