earnings
confidence high
sentiment positive
materiality 0.70
Rocket Lab Q2 revenue $106M, record up 71% YoY; Q3 guidance $100-105M
Rocket Lab Corp
2024-Q2 EPS reported
-$0.17
revenue$199,018,000
- Q2 revenue $106M, highest ever; 71% YoY growth driven by launch & space systems.
- Recorded 17 new launch contracts YTD; Electron remains most launched US small rocket.
- Completed first Archimedes engine hot fire for Neutron rocket; advancing production.
- Q3 revenue guidance $100-105M; adjusted EBITDA loss expected $31-33M.
- Completed twin NASA Mars spacecraft; signed preliminary $49.4M funding for solar cell expansion.