BUZZ-Rocket Lab gains on upbeat quarterly revenue forecast
Rocket Lab
Rocket Lab RKLB | 0.00 |
** Shares of space services firm Rocket Lab RKLB.O rise 9% to $85.6 in premarket trading
** RKLB forecasts Q2 revenue to be between $225 million and $240 million, above analysts' estimate of $205.1 million - data compiled by LSEG
** Q1 revenue jumps 63.5% to $200.3 million
** "We exited the quarter with $2.2 billion in backlog and currently have access to more than $2 billion in liquidity" - company
** RKLB signs agreement to acquire Motiv Space Systems, which focuses on space robotics, motion control systems, and precision mechanisms for spacecraft
** Up to last close, shares up 12.6% this year
