Virgin Galactic Holdings (SPCE) Tops Q2 EPS by 5c, provides guidance

Virgin Galactic Holdings (NYSE: SPCE) reported Q2 EPS of ($0.46), $0.05 better than the analyst estimate of ($0.51). Revenue for the quarter came in at $1.87 million versus the consensus estimate of $2.52 million.
Guidance:

Revenue for each of the third and fourth quarter of 2023 is expected to be approximately $1M.
Free cash flow for each of the third and fourth quarter of 2023 is expected to be in the range of $(120) million to $(130) million.

For earnings history and earnings-related data on Virgin Galactic Holdings (SPCE) click here.

You May Also Be Interested In

• Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
• Pfizer lung cancer drug misses survival goal in Phase 3 trial
• Assurant (AIZ) is Piper Sandler's Weekly Focus Idea