Rocket Lab USA Inc. $(RKLB)$ shares fell more than 8% in extended trading Thursday after the space-launch company topped Wall Street's revenue estimates but gave a weaker-than-expected first-quarter outlook.
The Long Beach, Calif.-based company reported a quarterly loss of 10 cents a share, in line with FactSet consensus estimate.
The company's revenue in the fourth-quarter rose to $132.4 million from $59.9 million in the prior year's quarter and beat the analysts' revenue estimate of $130.6 million. For the first quarter, Rocket Lab expects revenue between $117 million and $123 million, below the FactSet consensus of $135.7 million.
(This is a developing news story with updates to come.)
-James Rogers
For more from MarketWatch: http://www.marketwatch.com/newsviewer
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
February 27, 2025 17:03 ET (22:03 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。