Redwire FY2023 revenue up 51.9% to $243.8M, net loss improves $103.4M; Q4 book-to-bill 2.81

Redwire Corp

Full year 2023 revenue $243.8M (+51.9% YoY); net loss improved to $(27.3)M from $(130.6)M.
Adjusted EBITDA for full year 2023 was $15.3M, vs $(11.0)M in 2022.
Q4 2023 revenue $63.5M (+18.2% YoY); net loss $(8.2)M, improved from $(25.9)M.
Contracted backlog at Dec 31, 2023: $372.8M, up 19.1% YoY; book-to-bill ratio 2.81 in Q4.
2024 revenue forecast $300M; Q4 net cash from operations $15.7M vs $(4.8)M a year ago.

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Redwire Corp reported three months and full year ended December 31, 2023 results: revenue $243.8 million, net income $(27.3) million. Guidance initiated.

Period: three months and full year ended December 31, 2023
Revenue: $243.8 million
Net income: $(27.3) million
Guidance: initiated
Result: reported results

Exact text from the filing

FL 32256 USA investorrelations@redwirespace.com Redwire Corporation Reports Fourth Quarter and Full Year 2023 Financial Results Revenues for full year 2023 increased 51.9% to $243.8 million Net Loss for full year 2023 improved by $103.4 million to $(27.3) million Adjusted EBITDA 1 for full year 2023 increased by $26.3 million to $15.3 million Net cash provided by

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Source: SEC EDGAR

accession 0001819810-24-000017

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