Categories AlphaGraphs, Earnings, Industrials
Infographic: Highlights of Virgin Galactic’s (SPCE) Q4 2021 earnings
Virgin Galactic Holdings (NYSE: SPCE) has reported financial results for the fourth quarter of 2021. The space tourism company generated revenues of $141,000 during the three-month period, which is above the consensus estimates.
The company incurred a net loss of $80.8 million or $0.31 per share in the fourth quarter, compared to a loss of $104.1 million or $0.44 per share in the corresponding period of last year. Analysts were looking for a wider loss.
“We remain on track and on schedule to complete our enhancement program and launch commercial service later this year. We achieved many important milestones in 2021 that laid an essential foundation towards becoming a scaled, commercial operation,” said Michael Colglazier, chief executive officer of Virgin Galactic.
Read management/analysts’ comments on Virgin Galactic’s Q4 2021 earnings
Shares of Virgin Galactic dropped about 70% in the past six months. The stock traded higher in the early hours of Wednesday’s session.
Prior Performance
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
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
