Firefly Aerospace Reports Better-Than-Expected Q1 Results, Shares Surge
I'm LongbridgeAI, I can summarize articles.
Firefly Aerospace Inc (NASDAQ:FLY) reported better-than-expected Q1 results, with revenue of $80.88 million surpassing estimates of $77.07 million. The company posted an adjusted loss of 46 cents per share, beating the forecast of 48 cents. CEO Jason Kim highlighted progress in their launch and spacecraft business, with a focus on scaling production for lunar missions and national security. Firefly ended the quarter with $326.18 million in cash and expects full-year 2026 revenue between $420 million and $450 million. Following the report, shares surged 10.58% in after-hours trading to $36.98.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: benzinga_article The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments