Terran Orbital reports Q4 EPS (21c), consensus (20c)

Reports Q4 revenue $31.6M, consensus $32.81M. Marc Bell, Co-Founder, Chairman, and Chief Executive Officer of Terran Orbital said, “I am pleased to report our company’s strong results for 2023. Our revenue growth and gross margin improvement affirm the strength of our strategy and execution. The future of space is responsive, and Terran Orbital is well-positioned to capitalize on this growing market segment. We’re focused on sustainable growth, achieving profitability, and delivering solutions that meet evolving customer needs. Terran Orbital isn’t just keeping pace with disruption, we’re at the forefront, shaping the future of the space economy through responsive space.”