- Rocket Lab USA Inc RKLB announced the launch window for its next Electron mission, a dedicated mission for Blacksky Technology Inc BKSY through global launch services provider Spaceflight Inc., begins April 1, 2022, UTC.
- The delay in launch window opening is weather related and will result in this mission and its related revenue being recognized in Rocket Lab’s 2Q22.
- To reflect the above, Rocket Lab updated its expected 1Q22 revenue outlook range to ~$40 million (versus a consensus of $45.28 million), from previously provided of $42 million to $47 million on February 28, 2022.
- Price Action: RKLB shares are trading lower by 3.47% at $8.34 and BKSY higher by 0.56% at $1.81 during the post-market session on Thursday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
