Categories AlphaGraphs, Earnings, Industrials
Infographic: Highlights of Virgin Galactic’s (SPCE) Q1 2023 earnings
Virgin Galactic Holdings (NYSE: SPCE) has reported financial results for the first quarter of 2023. The space tourism company generated revenues of $392,000 during the three-month period, up 23% from the prior-year quarter.
The company incurred a net loss of $159 million or $0.57 per share in the first quarter, compared to a loss of $93 million or $0.36 per share in the corresponding period of last year. Research & development expenses more than doubled to $41.5 million.
“We are excited to return to space with the ‘Unity 25’ mission planned for the end of May, and we are actively readying for commercial service to begin in late June,” said Michael Colglazier, chief executive officer of Virgin Galactic.
Will the Airline Industry Evolve or Die After the Black Swan-ish Disruption?
Is the airline industry staring at an evolutionary cycle after the Coronavirus-induced Pandemic that has no parallels in the past? What was the thought process of top airline executives as Covid-19 unfolded? Were they prepared? What lies ahead? We try to find out from the treasure trove of Earnings Transcripts & Press Releases.
Most Popular
Costco (COST) reports strong growth in Q1 FY26 earnings; revenue up 8%
Costco Wholesale Corporation (NASDAQ: COST) has reported an increase in net income for the first quarter of fiscal 2026. Revenues grew 8.3% year-over-year. The Issaquah, Washington-headquartered warehouse giant’s total revenues
AVGO Earnings: Broadcom reports higher Q4 FY25 revenue, profit; results beat
Semiconductor company Broadcom, Inc. (NASDAQ: AVGO) on Thursday reported an increase in revenue and adjusted earnings for the fourth quarter of fiscal 2025. The numbers also surpassed analysts' expectations. Adjusted
Lamb Weston (LW) is set to report Q2 2026 earnings next week, here’s what to look for
Shares of Lamb Weston Holdings, Inc. (NYSE: LW) rose over 1% on Thursday. The stock has gained 4% over the past three months. The French fry giant is slated to
