For the Fourth quarter of 2023, Rocket Lab expects: Revenue between $65 million and $69 million. Space Systems revenue between $48.5 million to $52.5 million. Launch Services revenue of approximately $16.5 million. GAAP Gross Margins between 24% to 26%. Non-GAAP Gross Margins between 30% to 32%. GAAP Operating Expenses between $61 million to $63 million. Non-GAAP Operating Expenses between $50 million to $52 million. Expected Interest Expense, net $2 million. Adjusted EBITDA loss of $23 million to $27 million. Basic Shares Outstanding of 487 million.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on RKLB:
- Microsoft upgraded, F5 Networks downgraded: Wall Street’s top analyst calls
- Cantor starts Rocket Lab with Overweight on ‘proven’ track record
- Rocket Lab initiated with an Overweight at Cantor Fitzgerald
- Rocket Lab receives FAA authorization to resume launches
- Rocket Lab integrating twin spacecraft for mission to Mars for NASA