Recap: Terran Orbital Q3 Earnings

Terran Orbital LLAP reported its Q3 earnings results on Tuesday, November 14, 2023 at 06:30 AM.

Here's what investors need to know about the announcement.

Terran Orbital beat estimated earnings by 21.05%, reporting an EPS of $-0.15 versus an estimate of $-0.19.

Revenue was up $16.05 million from the same period last year.

Last quarter the company beat on EPS by $0.06 which was followed by a 9.92% increase in the share price the next day.

Here's a look at Terran Orbital's past performance:

Quarter	Q2 2023	Q1 2023	Q4 2022	Q3 2022
EPS Estimate	-0.24	-0.19	-0.20	-0.22
EPS Actual	-0.18	-0.38	-0.06	-0.19
Revenue Estimate	36.03M	30.95M	31.17M	26.47M
Revenue Actual	32.23M	28.20M	31.92M	27.83M

To track all earnings releases for Terran Orbital visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.