Rocket Lab USA, Inc. (RKLB) Reports In-Line Q1 EPS, provides guidance

Rocket Lab USA, Inc. (NASDAQ: RKLB) reported Q1 EPS of ($0.09), in-line with the analyst estimate of ($0.09). Revenue for the quarter came in at $92.77 million versus the consensus estimate of $95.68 million.

GUIDANCE:

Rocket Lab USA, Inc. sees Q2 2024 revenue of $105-110 million, versus the consensus of $105.6 million.
Space Systems revenue between $77 million and $81 million.
Launch Services revenue between $28 million and $29 million.
GAAP Gross Margins between 24% and 26%.
Non-GAAP Gross Margins between 30% and 32%.
GAAP Operating Expenses between $74 million and $76 million.
Non-GAAP Operating Expenses between $62 million and $64 million.
Expected Interest Expense (Income), net $1 million.
Adjusted EBITDA loss of $23 million to $25 million.
Basic Shares Outstanding of 494 million.

For earnings history and earnings-related data on Rocket Lab USA, Inc. (RKLB) click here.

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