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Terran Orbital lowers 2023 revenue view to above $130M from above $250M

Consensus for 2023 revenue is $243.43M. Sees 2023 CapEx less than $30M. 2023 revenue view is due to the delay and uncertainty regarding the timing of performance related to the contract with Rivada versus original expectations, so the company is removing any further revenue contribution from this contract in current year forecast but continues to expect revenue contribution in future years.

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