Recap: Rocket Lab USA Q1 Earnings

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Rocket Lab USA RKLB reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:15 PM.

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

Earnings

Rocket Lab USA missed estimated earnings by 11.11%, reporting an EPS of $-0.1 versus an estimate of $-0.09.

Revenue was up $14.19 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01 which was followed by a 2.22% drop in the share price the next day.

Here's a look at Rocket Lab USA's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.07 -0.07 -0.06
EPS Actual -0.08 -0.07 -0.08 -0.06
Revenue Estimate 49.24M 60.11M 49.24M 27.48M
Revenue Actual 51.76M 63.06M 55.47M 40.70M

To track all earnings releases for Rocket Lab USA visit their earnings calendar here.

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

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Posted In: EarningsBZI-Recaps
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