SPCE - What's Going On With Virgin Galactic (SPCE) Stock Thursday? | Benzinga
Virgin Galactic Holdings Inc (NYSE: SPCE) shares are trading higher Thursday after the company reported better-than-expected financial results.
What Happened: Virgin Galactic reported second-quarter revenue of $1.73 million, which beat the consensus estimate of $1.07 million, according to Benzinga Pro. The space tourism company's top-line results more than doubled on a year-over-year basis, driven by commercial spaceflight and membership fees related to future astronauts.
Virgin Galactic reported a net loss of 28 cents per share, which beat analyst estimates for ...
SPCE) Stock Thursday?>Full story available on Benzinga.com