Rocket Lab rises 5% on record third-quarter revenue, launch backlog
1. Rocket Lab reported record Q3 revenue of $155 million, surpassing forecasts. 2. The company expects Q4 revenues between $170 million and $180 million. 3. Rocket Lab has a backlog of 49 rocket launches with 17 signed recently. 4. The stock has gained over 270% in the last year despite a recent pullback. 5. Tightening competition in the space sector includes challenges from SpaceX.