LEANDER, Texas (AP) — LEANDER, Texas (AP) — Firefly Aerospace Inc. (FLY) on Tuesday reported a loss of $92.3 million in its second quarter.
On a per-share basis, the Leander, Texas-based company said it had a loss of 57 cents. Losses, adjusted for non-recurring costs, were 42 cents per share.
The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 50 cents per share.
The space and defense technology company posted revenue of $117.7 million in the period, also beating Street forecasts. Six analysts surveyed by Zacks expected $89.6 million.
Firefly Aerospace expects full-year revenue in the range of $420 million to $450 million.
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