Rocket Lab USA Q3 Loss Widens, Revenue Increases; Q4 Outlook Issued -- Shares Jump After Hours

MT Newswires Live

2024-11-13

Rocket Lab USA (RKLB) reported a Q3 loss Tuesday of $0.10 per diluted share, wider than a loss of $0.08 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.11.

Revenue for the quarter ended Sept. 30 was $104.8 million, up from $67.7 million a year earlier.

Analysts surveyed by Capital IQ expected $102.4 million.

The company expects Q4 revenue between $125 million and $135 million.

Analysts polled by Capital IQ expect $122.2 million.

The company's shares were rising above 23% in recent after-hours trading.

Price: 18.14, Change: +3.48, Percent Change: +23.74

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