Redwire Q3 revenue $37.2M (+14% YoY); cuts FY2022 guidance; closes Space NV acquisition

Redwire Corp

2022-Q3 EPS reported -$1.66 revenue$106,844,000

Revenue $37.2M, +14% YoY; net loss improved 86.5% sequentially.
Total backlog $304.0M as of Sep 30, 2022, up from $251.7M at Jun 30.
Completed $80M convertible preferred raise led by Bain Capital and AEI; funded €32M acquisition of QinetiQ Space NV (closed Oct 31).
Updated FY2022 revenue guidance to $140-146M from $145-155M due to slower contract ramp.
Enabled NASA DART mission with critical navigation components and ROSA technology.

item 2.02 item 9.01

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Redwire Corp reported three and nine months ended September 30, 2022 results: revenue $37.2 million. Guidance lowered.

Period: three and nine months ended September 30, 2022
Revenue: $37.2 million
Guidance: lowered
Result: reported results

Exact text from the filing

to follow along with the live stream: https://event.choruscall.com/mediaframe/webcast.html?webcastid=WsetITqF Q3 2022 Highlights • Revenue increased $4.6 million, or 14.0%, to $37.2 million for the three months ended September 30, 2022, from $32.7 million for the three months ended September 30, 2021. • Redwire also delivered better financial performance for the

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Source: SEC EDGAR

accession 0001819810-22-000133

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