Quartz·1 min read·medium
Rocket Lab's revenue surged but losses were wider than expected, sinking the stock
✦AI Summary
Rocket Lab reported a 62% year-over-year revenue increase to $234 million, but the company's stock fell due to higher-than-expected losses per share. The results missed analyst expectations for the second quarter.
The space company posted $234 million in second-quarter revenue, up 62% year over year, but a per-share loss that missed analyst estimates
businesseconomy
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