(RTTNews) - Rocket Lab USA, Inc. (RKLB) reported Loss for third quarter that decreased from last year and beat the Street estimates.
The company's earnings came in at -$18.26 million, or -$0.03 per share. This compares with -$51.94 million, or -$0.10 per share, last year.
Analysts on average had expected the company to earn -$0.08 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 48.0% to $155.08 million from $104.81 million last year.
Rocket Lab USA, Inc. earnings at a glance (GAAP) :
-Earnings: -$18.26 Mln. vs. -$51.94 Mln. last year. -EPS: -$0.03 vs. -$0.10 last year. -Revenue: $155.08 Mln vs. $104.81 Mln last year.
-Guidance: Next quarter revenue guidance: $170 Mln - $180 Mln
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