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Rocket Lab cuts Q4 revenue view to $46M-$47M from $51M-$54M, consensus $64.54M
The Fly

Rocket Lab cuts Q4 revenue view to $46M-$47M from $51M-$54M, consensus $64.54M

The company said, "This new launch window will result in the mission and its related revenue being recognized in Rocket Lab’s fiscal Q1 2023, versus in fiscal Q4 2022 as was previously anticipated at the time Rocket Lab provided Q4 2022 financial guidance in conjunction with its Q3 2022 preliminary earnings release on November 9, 2022. As a result, Rocket Lab is updating its expected Q4 2022 revenue outlook from the range of $51 million to $54 million previously provided on November 9, 2022, to $46 million – $47 million."

Published first on TheFly

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