🚨 $RKLB DROPS A RECORD QUARTER — NEUTRON WAIT GETS LONGER

From: WealthCoachMak

🚨 $RKLB DROPS A RECORD QUARTER — NEUTRON WAIT GETS LONGER

THE TOP LINE ✅ Revenue $268M, up 73% year over year ✅ Beat its own $250M to $265M guide ✅ Beat the ~$257M Street number ✅ Best revenue quarter in company history

BACKLOG IS THE STORY ✅ Backlog hit a record $3.57B ✅ Up 52% in a single quarter ✅ About $1B in new launch contracts signed ✅ Record 117 launches now in backlog

GUIDANCE ✅ Q4 revenue guided to $270M to $290M ✅ Adjusted EBITDA loss of $18M landed inside the guided range

THE SOFT SPOTS ✅ GAAP loss of $0.12 a share vs $0.07 expected ✅ Neutron first launch now no earlier than 2027 ✅ $515M+ in new Neutron contracts help, but the rocket still has to fly

THE TAPE ✅ Stock ran +10.9% into the print ✅ Down about 5% after hours on the wider loss and the Neutron timeline

Record revenue, record backlog, real guide higher

The business is executing — the stock now waits on Neutron ✅