Categories AlphaGraphs, Earnings, Other Industries
Virgin Galactic reopens sales, posts lower-than-expected losses in Q2
Virgin Galactic Holdings (NYSE: SPCE) reported second-quarter 2021 financial results after the regular market hours on Thursday. The space tourism company reported Q2 revenue of $571,000, higher than the Wall Street projection of $380,000. Net loss of $0.39 per share was also 6 cents narrower than the target that analysts had anticipated.
SPCE shares jumped 7% immediately following the announcement. The stock has gained 36% since the beginning of this year.
Michael Colglazier, Chief Executive Officer of Virgin Galactic, said, “Leveraging the surge in consumer interest following the Unity 22 flight, we are excited to announce the reopening of sales effective today, beginning with our Spacefarer community. As we endeavor to bring the wonder of space to a broad global population, we are delighted to open the door to an entirely new industry and consumer experience.”
Prior performance
Most Popular
Important takeaways from Conagra Brands’ Q4 2025 report
Conagra Brands, Inc. (NYSE: CAG), a leading provider of consumer packaged goods, reported weaker-than-expected sales and adjusted earnings for its fourth quarter, reflecting ongoing economic uncertainty and muted consumer spending.
Delta Air Lines (DAL) gains on strong Q2 2025 performance
Shares of Delta Air Lines (NYSE: DAL) rose 12% on Thursday after the company delivered strong results for the second quarter of 2025 and restored its guidance for the full
CAG Earnings: Conagra Brands Q4 adj. profit drops, misses estimates
Conagra Brands, Inc. (NYSE: CAG), a leading provider of consumer packaged goods, reported lower sales and adjusted earnings for the fourth quarter of 2025. Results missed analysts' estimates. Net sales
