SPCE - Virgin Galactic Reports Better-Than-Expected Q1 Results | Benzinga
Virgin Galactic Holdings, Inc. (NASDAQ:SPCE) reported its first-quarter financial results after the bell Tuesday. Here's a look at the highlights.
The Details: Virgin Galactic reported quarterly losses of 25 cents per share which beat the analyst consensus estimate of losses of 29 cents by 13.79%.
Quarterly sales came in at $2 million which beat the analyst consensus estimate of $1.92 million by 4.28% and represented a 410.2 % increase over sales of $392,000 from the same period last year.
The company said its spaceship final assembly facility in Arizona is ...