Virgin Galactic Announces First Quarter 2024 Financial Results and Provides Business Update [Yahoo! Finance]
Virgin Galactic Holdings, Inc. (SPCE)
Company Research
Source: Yahoo! Finance
VMS Eve Expected to Support Increased Flight Rate of up to 125 Flights per Year ORANGE COUNTY, Calif., May 07, 2024 BUSINESS WIRE )--Virgin Galactic Holdings, Inc. (NYSE: SPCE) ("Virgin Galactic" or the "Company") today announced its financial results for the first quarter ended March 31, 2024 and provided a business update. Michael Colglazier, Chief Executive Officer of Virgin Galactic said, "It's an exciting time for Virgin Galactic as we celebrate the success of VSS Unity with its upcoming 'Galactic 07' mission and remain laser focused on executing our Delta Class program. Tool delivery and parts fabrication are beginning to accelerate as we work to complete the bulk of the Delta design phase this summer and move more fully into the build phase. We remain on track for commercial service in 2026." First Quarter 2024 Financial Highlights Cash position remains strong, with cash, cash equivalents and marketable securities of $867 million as of March 31, 2024. Revenue of $2 m
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SPCE
Earnings
- 5/7/24 - Beat
SPCE
Sec Filings
- 5/8/24 - Form 4
- 5/8/24 - Form 4
- 5/7/24 - Form 10-Q
- SPCE's page on the SEC website