earnings
confidence high
sentiment neutral
materiality 0.70
Rocket Lab Q3 revenue record $63.1M, Q4 guidance lower at $51-54M
Rocket Lab Corp
2022-Q3 EPS reported
-$0.21
revenue$159,234,000
- Q3 revenue $63.1M (record), +14% sequentially and +1,093% YoY.
- Q4 revenue guidance $51-$54M; launch customer push to 2023 reduces launch services revenue to ~$17M.
- Q4 GAAP gross margins 5%-7%; non-GAAP 16%-18%; Adjusted EBITDA loss $12M-$16M.
- Largest satellite separation systems order ($14M) from DoD Tranche 1 Tracking Layer.
- Neutron engine testing at NASA Stennis; three Q3 launches; nine orbital missions in 2022 (record).