Firefly Aerospace heads into Q3 earnings after $1.3 B engine pact and NASA lunar contract
+1 new source since this summary was written
Firefly Aerospace will release its third‑quarter results on November 10 after announcing a three‑year engine supply agreement with AST SpaceMobile worth more than $1.3 billion and being selected as a vendor for NASA’s $10 billion CLPS 2 lunar program. The company’s CEO Jason Kim highlighted the recent Blue Ghost Mission 1 success and the ramp‑up of lander production. Analysts expect a loss of about $0.51 per share on revenue of roughly $103.8 million.
Why it matters
The consensus loss forecast signals near‑term earnings pressure, but the new contracts could expand the backlog and generate cash flow, influencing investor sentiment ahead of the earnings release.
Key facts
- 1Analysts project a loss of $0.51 per share for the quarter. finance.biggo.com
- 2Revenue is estimated at $103.8 million for the quarter. finance.biggo.com
- 3Firefly signed a three‑year engine supply agreement with AST SpaceMobile valued at more than $1.3 billion. finance.biggo.com
- 4NASA selected Firefly as a vendor for the CLPS 2 program, a $10 billion lunar services initiative. finance.yahoo.com
- 5Firefly shares rose 36.8% after the AST deal announcement. finance.biggo.com
Summary written by AlphAI AI Desk from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.