Rocket Lab (RKLB) Q3 earnings report


Peter Beck, chief executive officer of Rocket Lab, speaks during the US Chamber of Commerce’s Global Aerospace Summit in Washington, D.C., Sept 14, 2022.

Valerie Plesch | Bloomberg | Getty Images

Rocket Lab is pushing to get its launch business back on track by the end of the year, reporting on Wednesday third-quarter results that saw continued strength in its space systems division.

The company reported a net loss of $40.6 million, or 8 cents per share, just edging out a loss of 9 cents a share expected, according to analysts surveyed by LSEG (formerly Refinitiv). Year over year, Rocket Lab’s third quarter net loss widened by about 17%.

Revenue grew 7% year over year in the third quarter to…

Source cnbc.com

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