Firefly Aerospace Cools off After Revenue Miss

about 1 month ago

Tom Keen with Paul Sweeney and Bloomberg\'s John Tucker

"This is the company that made history back in March. They paired up with NASA and sent a probe to the moon... Posting $15.5 million in revenue compared to the roughly $16.1 million expected."

Firefly Aerospace is experiencing tempered investor enthusiasm following a revenue miss in the second quarter. While the stock is trading above its IPO price and had earlier reached highs over $73, the revenue shortfall relative to analyst expectations is noted as a headwind, creating a more cautious near-term outlook.

Related Stocks