the Tale of two rocket companies. via /r/wallstreetbets #stocks #wallstreetbets #investing

the Tale of two rocket companies.

Rocket Lab: Q1 Revenue of $40.7m, representing 124% Year-on-Year revenue growth

Space Systems contributed 84% of total Q1 revenue, representing Year-on-Year revenue growth of 1,873%

Second quarter revenue expected to range between $51 million and $54 million

—‐——‐———————————————————– Astra: first quarter 2022 financial results on May 5, reporting a GAAP net loss of $85.7 million on reported $3.9 million in revenues.

Q2: adjusted EBITDA loss of $48.4 million, with revenue of $2.7 million.

Submitted August 05, 2022 at 04:21AM by Thisguyhere1310
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