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Virgin Galactic (SPCE) stock slumps after Q1 earnings miss

Virgin Galactic (NYSE: SPCE) reported first-quarter 2020 financial results after the regular market hours on Monday. The space tourism company reported zero revenue in the first quarter, compared to $238,000 a year ago. Net loss of $0.55 per share was, meanwhile, wider than the average street estimate. SPCE shares fell 4% immediately following the announcement. […]

$SPCE May 10, 2021 1 min read
NYSE
$SPCE · Earnings

Virgin Galactic (NYSE: SPCE) reported first-quarter 2020 financial results after the regular market hours on Monday. The space tourism company reported zero revenue in the first quarter, compared to $238,000 a year ago. Net loss of $0.55 per share was, meanwhile, wider than the average street estimate. SPCE shares fell 4% immediately following the announcement. […]

· May 10, 2021

Virgin Galactic (NYSE: SPCE) reported first-quarter 2020 financial results after the regular market hours on Monday. The space tourism company reported zero revenue in the first quarter, compared to $238,000 a year ago. Net loss of $0.55 per share was, meanwhile, wider than the average street estimate.

SPCE shares fell 4% immediately following the announcement. The stock has fallen 22% in the trailing 12 months.

Virgin galactic Q1 2021 earnings

Looking forward to listening to management/ analyst comments on quarterly results? Stay tuned here for Virgin Galactic Q1 2021 earnings call transcript

Prior performance

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

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