Reply To: Cautious Investor — Market Weekly

#98556
Truman
Participant

Rocket Lab USA $RKLB 79.36, -0.68, -0.85% after its Q2 results.

Missed EPS expectations, revenue above expectations – jumped 62% y/y & 16.8% sequentially to $234.06 million.
Guided Q3 revenue to $250-265 million, well above expectations
But narrowing year-end launch window for Neutron, softer Q3 margins & elevated cash burn.

Meanwhile SpaceX back below its $135 IPO price after closing above that mark for the first time in weeks yesterday.

$SPCX 134.50, -4.24, -3.06%