
RocketâŊLabâs Q3 Quarters Up, But Neutron Launch Gets Pushed
âĒBy ADMIN
Related Stocks:RKLB
Rocket Lab Corporation (NASDAQ:âŊRKLB) delivered a strong third quarter marked by $155âŊmillion in revenue, up 48âŊ% yearâonâyear, and betterâthanâexpected earnings per share and gross margin performance. The company also secured 17 new launch contracts and reaffirmed its backlog at over $1âŊbillion, signaling robust demand for its âElectronâ launch services.
On the flip side, the muchâanticipated debut of its mediumâlift rocket, Neutron, has been rescheduled to early 2026, a slight setback for timelines but one the company frames as a strategic decision to ensure readiness. Despite this delay, investors appear to remain optimisticâfocusing on the companyâs improving operational metrics and momentum in the smallâsatellite launch market.
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