Rocket Lab (RKLB) Stock: Earnings Beat Sends Shares Higher on Record Margins

TLDR Rocket Lab posted a Q3 loss of 3 cents per share on $155 million revenue, crushing analyst estimates of a 10-cent loss on $151.8 million sales. The space company achieved a record 37% gross margin and locked in 17 new Electron launch contracts. Q4 revenue guidance of $170-$180 million topped the $172 million Wall [...]

The post Rocket Lab (RKLB) Stock: Earnings Beat Sends Shares Higher on Record Margins appeared first on Blockonomi.