Virgin Galactic Q3 Earnings Release: Cash Burn and Schedule Adherence Key Factors
SPCE Virgin Galactic Holdings Inc
$2.87 +3.61%
View chart & analysis → - 1Virgin Galactic's Q3 loss per share is expected to be $0.44 (consensus).
- 2Management guided Q3 free cash flow loss to be between $95 million and $100 million.
- 3Virgin Galactic held $286 million in cash last quarter.
So what's the key point?
Virgin Galactic is expected to report a loss of $0.44 per share in the third quarter. The company plans to spend nearly $100 million, which is close to its current cash holdings, so caution is needed.
Source Earnings Whispers +1 · View original ↗
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