StockNews.AI
RKLB
StockNews.AI
173 days

Rocket Lab Announces Full Year & Fourth Quarter 2024 Financial Results, Posts Record Revenue Representing 26% Sequential Growth, 78% Annual Growth and 121% Year-on-Year Quarterly Growth

1. Rocket Lab reported record revenue of $436.2 million in 2024. 2. Q4 2024 revenue surged by 382% to $132.4 million.

Earnings
+3.33%Current Return
VS
+1.55%S&P 500
$19.8302/27 04:35 PM EDTEvent Start
$20.4902/28 10:44 PM EDTLatest Updated
2m saved
Insight
Article

FAQ

Why Very Bullish?

Record revenue growth indicates strong demand for RKLB's services, similar to past positive earnings reports which helped elevate stock prices considerably.

How important is it?

The substantial revenue growth reported is critical for investor confidence and stock valuation, potentially leading to increased investment interest.

Why Short Term?

Immediate investor sentiment is likely to react to the recent earnings report, which traditionally influences short-term stock performance.

Related Companies

SPCEMAXRAERNOC
LONG BEACH, Calif.--(BUSINESS WIRE)---- $RKLB--Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab”, “the Company”, “we,” “us,” or “our”), a global leader in launch services and space systems, today shared the financial results for fiscal fourth quarter, ended December 31, 2024. Rocket Lab founder and CEO, Sir Peter Beck, said: “2024 was a record-setting year for Rocket Lab, with our highest annual revenue ever posted of $436.2 million and a record Q4 2024 revenue of $132.4 million – a 382% increase compare.

Related News