
Rocket Lab USA Inc. (NASDAQ: RKLB), a space launch and space systems company, reported strong third-quarter results, surpassing analyst expectations and demonstrating significant year-over-year growth. The company reported revenue of $104.8 million for the quarter, exceeding the consensus estimate of $102 million and marking a 55% increase from the same period last year. Earnings per share came in at a loss of $0.10, better than the expected loss of $0.11. However, the net loss widened to $51.9 million from $40.6 million in the prior year, and adjusted EBITDA decreased to a loss of $30.9 million from a loss of $15.5 million a year earlier. In addition to its robust financial performance, Rocket Lab announced it has secured a multi-launch contract for its new medium-lift Neutron rocket with a confidential commercial satellite constellation operator. The contract includes two dedicated missions starting from mid-2026 and signifies the beginning of a potential collaboration that could see Neutron deploy the customer's entire satellite constellation. Rocket Lab also provided strong guidance for the fourth quarter, forecasting revenue between $125 million and $135 million, indicating over 100% year-over-year growth. The company's total contract backlog has reached $1.05 billion. Following the earnings release and the announcement of the Neutron contract, Rocket Lab's stock soared, rising as much as 50% in after-hours and subsequent trading sessions. The stock has nearly tripled over the past three months. Several analysts have raised their price targets for the stock, including Roth MKM increasing their target from $7 to $25, Stifel from $15 to $22, and Wells Fargo from $5.25 to $13.50, citing the company's strong performance and growth prospects. The company has achieved a record 12 Electron launches year-to-date, with more launches scheduled. Rocket Lab continues to position itself as a significant player in the space industry.
SpaceX competitor, $RKLB, is blasting off. Click for the full episode. https://t.co/tzjDcJNpiH
Rocket Lab $RKLB After a 55% YoY revenue surge and beating earnings expectations, they've secured a new launch service agreement. #UOA in options trading ahead of these catalysts led to a 5x gain on 15 strike options expiring next Friday. #RKLB #SpaceTech #Investing Rebel's Edge… https://t.co/TfuYDQpW6U
Rocket Companies $RKT has released its quarterly earnings. Revenue of $1.32B (+32.04% YoY) beats by $43M. EPS of $0.08 in line with estimates
































