Categories AlphaGraphs, Earnings, Industrials
Infographic: Highlights of Virgin Galactic’s (SPCE) Q3 2020 financial results
Virgin Galactic Holdings, Inc. (NYSE: SPCE) on Thursday reported a net loss for the third quarter of 2020, reflecting the continuing impact of virus-related disruption.
The company posted a net loss of $76.9 million or $0.34 per share for the September-quarter, compared to a loss of $51.53 million or $0.27 per share last year. The deterioration was bigger than expected. Elevated costs and expenses negatively impacted the bottom-line performance.
The aviation firm did not generate revenue in the third quarter, as it did in the preceding quarter. In the third quarter of 2019, revenues were around $832,000
Read management/analysts’ comments on Virgin Galactic’s Q3 results
Virgin Galactic’s stock had a positive start to 2020 and made solid gains in the early days of the year, before retreating and trading flat in the following weeks. The stock gained on Thursday evening following the announcement.
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
CCL Earnings: Highlights of Carnival Corporation’s Q4 2025 results
Cruise operator Carnival Corporation & plc (NYSE: CCL) on Friday reported an increase in revenue and adjusted earnings for the fourth quarter of fiscal 2025. Earnings topped analysts' expectations. Revenues
Lamb Weston (LW) Q2 2026 Earnings: Key financials and quarterly highlights
Lamb Weston Holdings, Inc. (NYSE: LW) reported its second quarter 2026 earnings results today. Net sales inched up 1% year-over-year to $1.62 billion. Net sales at constant currency remained flat.
Paychex reports higher Q2 FY26 revenue and earnings; EPS beats estimates
Paychex Inc. (NASDAQ: PAYX) on Friday reported stronger-than-expected adjusted earnings for the second quarter of fiscal 2026. Revenues grew 18% year-over-year. The Rochester-based human capital management solutions provider reported revenues
