Redwire Corp is a leading provider of space infrastructure and solutions, specializing in advanced technologies for space exploration, satellite systems, and in-orbit servicing
The company delivers innovative products and services that support a wide range of space missions, including those aimed at advancing human presence in space and enabling scientific research. Redwire is dedicated to expanding the capabilities of space systems through its expertise in aerospace engineering, spacecraft technology, and cutting-edge manufacturing techniques, positioning itself as a vital partner in the rapidly growing space sector.
Aerospace and defense company Redwire (NYSERDW) fell short of the market’s revenue expectations in Q4 CY2024, but sales rose 9.6% year on year to $69.56 million. On the other hand, the company’s full-year revenue guidance of $570 million at the midpoint came in 24.2% above analysts’ estimates. Its GAAP loss of $1.38 per share was significantly below analysts’ consensus estimates.
Redwire shares are trading lower in Monday's after-hours session on the heels of the company's fourth-quarter financial results. Here's a rundown of the report.
Stocks extended last week's losses on Monday as concerns over the U.S. economy continue to weigh on the market. The Nasdaq 100 saw the steepest declines, with Tesla, Inc. (NASDAQTSLA) and Palantir Technologies, Inc.
All three major indices were red in Friday’s midday trading, with the S&P 500 and Nasdaq 100 down 1% and 1.24%, respectively, and on track for their worst weeks since September 2024.
AST SpaceMobile shares skyrocketed after an analyst upgrade and the announcement of a new government contract; can the firm continue to live up to the hype?
The company highlighted that the Mako spacecraft for the Tetra-5 and Tetra-6 missions will be the first satellite in geosynchronous orbit (GEO) to be refueled and demonstrate compatibility with multiple refueling mechanisms.
President Trump's recent inauguration remarks about space exploration has heightened industry enthusiasm and highlighted potential growth opportunities.
What a time it’s been for Redwire. In the past six months alone, the company’s stock price has increased by a massive 132%, reaching $16.23 per share. This performance may have investors wondering how to approach the situation.
