Virgin Galactic Hldgs: Q2 Earnings Insights - Virgin Galactic Hldgs (NYSE:SPCE)

Virgin Galactic Hldgs SPCE reported its Q2 earnings results on Thursday, August 4, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

Virgin Galactic Hldgs missed estimated earnings by 19.44%, reporting an EPS of $-0.43 versus an estimate of $-0.36.

Revenue was down $214 thousand from the same period last year.

Last quarter the company missed on EPS by $0.04 which was followed by a 9.33% drop in the share price the next day.

Here's a look at Virgin Galactic Hldgs's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	-0.32	-0.34	-0.28	-0.33
EPS Actual	-0.36	-0.31	-0.32	-0.39
Revenue Estimate	120K	330K	1.64M	380K
Revenue Actual	319K	141K	2.58M	571K

To track all earnings releases for Virgin Galactic Hldgs visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.