LLAP - Terran Orbital GAAP EPS of -$0.23 misses by $0.02 revenue of $31.92M beats by $0.43M
2023-03-21 06:05:52 ET
- Terran Orbital press release ( NYSE: LLAP ): Q4 GAAP EPS of -$0.23 misses by $0.02 .
- Revenue of $31.92M (+196.9% Y/Y) beats by $0.43M .
- Outlook: The Company continues to focus on the successful execution of existing contracts and delivery of satellites on schedule, while also continuing to expand capacity, develop new solutions, and win new contracts to expand its backlog. The Company expects to begin delivery of 42 satellite buses for the Space Development Agency’s Tranche 1 Transport Layer and anticipates that it will commence development work for the Rivada Space Networks constellation in 2023.
- Shares +6.6% PM
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Terran Orbital GAAP EPS of -$0.23 misses by $0.02, revenue of $31.92M beats by $0.43M