Rocket Lab Announces First Quarter 2024 Financial Results Reflecting Year-on-Year Revenue Growth of 69%, Sequential Quarterly Growth of 55%, and Continued Growth in Q2 2024
Rocket Lab USA, Inc. (RKLB)
Company Research
Source: Business Wire
Rocket Lab also provided a major update on the progress of its new rocket Neutron, including that it has completed its first Archimedes engine build and has begun its engine test campaign in Mississippi LONG BEACH, Calif.--(BUSINESS WIRE)--Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today shared the financial results for fiscal first quarter ended March 31, 2024.Rocket Lab founder and CEO Peter Beck said: “Rocket Lab has had a strong start to the year, with our four Electron missions in Q1 marking an accelerated cadence of launches this year and maintaining our status as operators of the United States’ second most frequently launched rocket. Most recently we were awarded close to $50 million across two mission contracts post quarter for the United States Space Force’s Space Systems Command: the Victus Haze responsive space demonstration with Electron and a Rocket Lab Pioneer-class satellite that must lau
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News
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- Rocket Lab USA First Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag [Yahoo! Finance]Yahoo! Finance
- Rocket Lab USA, Inc. (NASDAQ: RKLB) had its price target lowered by analysts at Citigroup Inc. from $6.00 to $5.45. They now have a "buy" rating on the stock.MarketBeat
- Rocket Lab USA, Inc. (NASDAQ:RKLB) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
RKLB
Earnings
- 5/6/24 - Beat
RKLB
Sec Filings
- 5/13/24 - Form 4
- 5/13/24 - Form 4
- 5/10/24 - Form S-8
- RKLB's page on the SEC website