CEDAR PARK, Texas (AP) — CEDAR PARK, Texas (AP) — Firefly Aerospace Inc. (FLY) on Monday reported a loss of $63.8 million in its second quarter.
On a per-share basis, the Cedar Park, Texas-based company said it had a loss of $5.78. Losses, adjusted for non-recurring costs, came to $5.30 per share.
The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 42 cents per share.
The space and defense technology company posted revenue of $15.5 million in the period, exceeding Street forecasts. Four analysts surveyed by Zacks expected $15.2 million.
Firefly Aerospace expects full-year revenue in the range of $133 million to $145 million.
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