Rocket Lab: Q4 Revenue Jumps 121%
Rocket Lab USA has exceeded revenue expectations, while earnings per share matched forecasts.
Space launch provider Rocket Lab USA (NASDAQ:RKLB) reported mixed fourth-quarter earnings on Thursday, Feb. 27. Revenue in Q4 was notably higher at $132.4 million, topping analysts' consensus projections of $130 million and rising 121% year over year. Adjusted EPS in Q4 was in line with estimates, presenting a loss of $0.10 per share.
Overall, the quarter showed mixed results with strong revenue growth but enduring challenges in cost management.
Source: Rocket Lab. Note: Analyst consensus estimates for the quarter provided by FactSet. YOY = Year over year.
