Virgin Galactic (NYSE: SPCE) reported fourth-quarter 2020 financial results after the regular market hours on Thursday. The space tourism company reported zero revenue in the fourth quarter, compared to $529,000 a year ago. Net loss of $0.31 per share was, meanwhile, in line with the average street estimate.
SPCE shares fell 7% after the company said it has delayed its test flight to May, 2021. The stock has gained 23% in the trailing 12 months.
The company also announced the appointment of Doug Ahrens as its new Chief Financial Officer, effective March 1, 2021. Ahrens most recently served as CFO at Mellanox.
Adobe Systems Incorporated (NASDAQ: ADBE) reported second quarter 2021 earnings results today. Total revenue grew 23% year-over-year to $3.84 billion. GAAP net income was $1.11 billion, or $2.32 per share,
Shares of Delta Air Lines Inc. (NYSE: DAL) have gained 45% over the past 12 months and 11% since the beginning of this year. After a particularly distressful period, like
The Kroger Co. (NYSE: KR) reported first-quarter 2021 earnings results today. Total company sales were $41.3 billion compared to $41.5 billion in the same period last year. Excluding fuel, sales