Space infrastructure company Redwire trims quarterly losses, builds order backlog
Publishing timestamp: 2023-03-29 09:42:40
Summary
Redwire reported a 31% increase in fourth-quarter revenue, bringing in $53.7 million and nearly doubling its total backlog of orders to $465.1 million. The company also trimmed its losses and forecasted full year revenue between $220 million to $250 million for 2023.
Sentiment: NEUTRAL
Tickers: RDW,
Keywords: space industry, business news, business, technology, the edge, breaking news: technology, transportation, redwire corp, aerospace and defense industry, breaking news: business,
Source: https://www.cnbc.com/2023/03/29/redwire-rdw-q4-earnings.html