Virgin Orbit Holdings Q3 2022 Results: Revenues Beat Expectations, EPS In Line
Virgin Orbit Holdings (NASDAQ:VORB) Third Quarter 2022 Results
Main financial results
- Revenue: $30.9 million (up $30.9 million from Q3 2021).
- Net loss: $43.6 million (loss widened by 36% compared to Q3 2021).
- Loss of $0.13 per share (still deteriorated from the loss of $0.096 in 3Q 2021).
All figures shown in the table above are for the 12 month period (TTM)
Virgin Orbit Holdings Earnings Snapshot
Going forward, revenue is expected to grow 59% per year on average over the next 3 years, compared to a growth forecast of 6.9% for the Aerospace and Defense industry in the United States.
Performance of the American aerospace and defense industry.
Shares of the company are up 9.8% from a week ago.
You should always think about the risks. Concrete example, we spotted 1 warning sign for Virgin Orbit Holdings you should be aware.
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