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News  ›  Investing.com

Rocket Lab Pullback May Offer Entry as Fundamentals Strengthen Post-Earnings

Investing.com Logo Investing.com By Ryan Hasson
Rocket Lab Pullback May Offer Entry as Fundamentals Strengthen Post-Earnings

Rocket Lab reported record Q3 revenue of $155.08 million, up 48% year-over-year, with strong performance in launch services and space systems. The company expects continued growth, with Q4 revenue guidance between $170-180 million and progress on its Neutron rocket development.

Insights
JPMpJ   neutral

Fifth-largest holding at $7.45 million (3.6% of AUM), no specific performance details highlighted


RKLB   positive

Strong Q3 financial performance, record revenue, improved margins, large contracted backlog, healthy cash position, and continued progress in launch services and Neutron rocket development