earnings
confidence high
sentiment neutral
materiality 0.80
Virgin Galactic Q4 net loss $76M, Delta SpaceShip first flight planned summer 2026
Virgin Galactic Holdings, Inc
2024-FY EPS reported
-$13.89
revenue$7,036,000
- Net loss $76M (vs $104M Q4 2023); revenue $0.4M down from $2.8M.
- Cash equivalents & securities $657M; Q4 free cash flow -$117M.
- Assembly of first Delta SpaceShip begins March 2025; first flight summer 2026, private astronaut flights fall 2026.
- Raised $29M via ATM in Q4; total 2024 ATM proceeds $138M.
- Executed contract with Redwire for next-gen research payload lockers.