Rocket Lab USA (NASDAQ:RKLB) Full Year 2024 Results

Key Financial Results

• Revenue: US$436.2m (up 78% from FY 2023).
• Net loss: US$190.2m (loss widened by 4.2% from FY 2023).
• US$0.38 loss per share (further deteriorated from US$0.38 loss in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Rocket Lab USA Meets Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.

The primary driver behind last 12 months revenue was the Space Systems segment contributing a total revenue of US$310.8m (71% of total revenue). Notably, cost of sales worth US$320.1m amounted to 73% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Research & Development (R&D) costs, amounting to US$174.4m (57% of total expenses). Explore how RKLB's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Aerospace & Defense industry in the US.

Performance of the American Aerospace & Defense industry.

The company's shares are down 17% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 1 warning sign for Rocket Lab USA that you need to be mindful of.

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