secwatch.observer — SEC 8-K summary
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Issuer:     Redwire Corp (RDW)
CIK:        0001819810
Form:       8-K
Filed at:   2024-08-07T23:59:59+00:00
Accession:  0001819810-24-000089
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Redwire Q2 revenue up 30% to $78.1M; net loss widens to $18.1M, adjusted EBITDA $1.6M
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- Revenue $78.1M (+30% YoY); Net Loss $(18.1)M vs $(5.5)M YoY due partly to $9.0M non-cash warrant liability loss.
- Adjusted EBITDA $1.6M down from $4.4M YoY; Free Cash Flow $(11.2)M vs $1.1M.
- Bookings $114.4M in Q2 (226% sequential increase); Contracted Backlog $354M (+29.9% YoY).
- Full-year 2024 revenue forecast reaffirmed at $300M; LTM Book-to-Bill 1.28.
- Available liquidity $55.8M (+54.1% YoY); Net cash used in ops $(9.5)M in Q2 but positive $5.7M LTM.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819810/000181981024000089/0001819810-24-000089-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819810/000181981024000089/rdw-20240807.htm
  HTML page:      https://secwatch.observer/filing/0001819810-24-000089

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer