Earnings

Rocket Lab (RKLB) Q3 earnings report

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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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