Markets Insider
13 گھنٹے پہلے
Virgin Galactic shares drop about 10% after hours as first commercial service for next-generation spacecraft slips to February 2027
Virgin Galactic reported a GAAP loss of $0.50 per share, better than expected, but revenue was $134,000, down 67% year over year. Net loss narrowed to $56 million, helped by lower operating expenses and an $8.6 million gain related to debt extinguishment. The company said $750,000 spaceflight expeditions were oversubscribed, booking more than $50 million in expected future revenue.