TUSTIN, Calif. (AP) — TUSTIN, Calif. (AP) — Virgin Galactic Holdings, Inc. (SPCE) on Tuesday reported a loss of $102 million in its first quarter.
On a per-share basis, the Tustin, California-based company said it had a loss of 25 cents.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 26 cents per share.
The company posted revenue of $2 million in the period, which met Street forecasts.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SPCE at https://www.zacks.com/ap/SPCE
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