earnings
confidence high
sentiment positive
materiality 0.75
Rocket Lab Q3 revenue $105M (+55% YoY); guides Q4 record $125-135M
Rocket Lab Corp
2024-Q3 EPS reported
-$0.28
revenue$303,826,000
- Q3 2024 revenue $105M, up 55% YoY; backlog reached $1.05B.
- Record 12 Electron launches in 2024; signed $55M in new contracts at avg $8.4M per launch (67% price increase since debut).
- Signed multi-launch Neutron agreement with confidential constellation operator; selected by NASA for Mars sample return study.
- Q4 2024 guidance: revenue $125-135M (record), GAAP gross margin 26-28%, adjusted EBITDA loss $27-29M.