Rocket Lab reports Q3 revenue of $267.8 million

Rocket Lab said third-quarter revenue was $267.834 million, which the Nov. 9 release rounds to a record $268 million, up 73 percent from a year earlier, and that the GAAP net loss was $79.677 million, or $0.12 a share. The chief executive put backlog at $3.57 billion after about $1 billion of new launch contracts and $470 million of Space Systems awards, while the highlights round backlog to about $3.6 billion. The same release says Neutron's first launch is now targeted for no earlier than 2027, with 16 missions booked and a $70 million base price on several of them, and guides fourth-quarter revenue to $270 million to $290 million.

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