Redwire reports Q3 EPS (14c), consensus (14c)

Reports Q3 revenue $62.6M, consensus $60.35M. Reports contracted Backlog increased 59.5% year-over-year to $253.4M as of September 30, 2023, as compared to $158.9M as of September 30, 2022. “Q3 was our third consecutive quarter of strong revenue growth and positive Adjusted EBITDA1,” stated Peter Cannito, Chairman and CEO. “We continue to be disciplined in our technical execution, balancing growth with performance. This results in Redwire’s team of talented space professionals delivering real value for our customers in the present that positions us well for future success.”