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.

Virgin Galactic Q4 2021 earnings infographic

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

  • Virgin Galactic Q2 2021 earnings
  • Virgin galactic Q1 2021 earnings
  • Virgin Galactic Q4 2020 earnings
  • virgin galactic Q3 2020 earnings

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

MU Earnings: Micron’s Q4 profit declines but beats estimates

Micron Technology Inc. (NASDAQ: MU) Thursday said its fourth-quarter profit declined from last year, hurt by a sharp fall in revenues. Earnings, however, beat the market’s projection. On an adjusted

What are Philip Morris’ (PM) anticipations for the near term?

Shares of Philip Morris International Inc. (NYSE: PM) were down 1% on Thursday. The stock has dropped over 9% year-to-date. Although the tobacco industry has felt the pinch of inflation,

Key highlights from CarMax (KMX) Q2 2023 earnings results

CarMax, Inc. (NYSE:KMX) reported second quarter 2023 earnings results today. Net revenues rose 2% year-over-year to $8.1 billion. Net earnings were $125.9 million, or $0.79 per share, compared to $285.2 million,

Add Comment
Viewing Highlight