earnings
confidence high
sentiment positive
materiality 0.80
Redwire Q3 revenue $62.6M (+68.1% YoY); net loss improves 39.3% to $6.3M
Redwire Corp
2023-Q3 EPS reported
-$0.48
revenue$180,315,000
- Revenue $62.6M (+68.1% YoY); Comparable Revenue $49.1M (+31.8% YoY).
- Net loss improved 39.3% to $(6.3)M; Adjusted EBITDA positive $4.9M vs $(1.5)M YoY.
- Contracted backlog $253.4M (+59.5% YoY); LTM book-to-bill 1.38.
- Affirms FY2023 revenue guidance $220M-$250M.
- Operating cash flow improved to $(3.3)M from $(11.2)M YoY.