secwatch.observer — SEC 8-K summary
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Issuer:     Redwire Corp (RDW)
CIK:        0001819810
Form:       8-K
Filed at:   2024-11-06T23:59:59+00:00
Accession:  0001819810-24-000111
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Redwire Q3 revenue $68.6M (+9.6% YoY); net loss $(21.0)M includes $8M litigation charge
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- Net loss widened to $(21.0)M from $(6.3)M YoY, including an $8.0M loss contingency for Lemen v. Redwire securities lawsuit.
- Adjusted EBITDA fell to $2.4M from $4.9M; Free Cash Flow was $(20.5)M vs $(5.9)M YoY.
- Contracted backlog grew 30.2% YoY to $330.1M; total liquidity improved 98% to $61.1M.
- Completed acquisition of Hera Systems, expanding spacecraft portfolio for national security missions.
- Full-year 2024 revenue forecast reaffirmed at $310M; bids submitted for 9M 2024 reached $2.9B, more than triple YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819810/000181981024000111/0001819810-24-000111-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819810/000181981024000111/rdw-20241106.htm
  HTML page:      https://secwatch.observer/filing/0001819810-24-000111

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