-+ 0.00%
-+ 0.00%
-+ 0.00%
York Space: Q3 Earnings Snapshot
Share
Listen to the news

GREENWOOD VILLAGE, Colo. (AP) — GREENWOOD VILLAGE, Colo. (AP) — York Space Systems Inc. (YSS) on Thursday reported a loss of $807.4 million in its third quarter.

On a per-share basis, the Greenwood Village, Colorado-based company said it had a loss of $5.99. Losses, adjusted for non-recurring costs and stock option expense, were $1.55 per share.

The aerospace and defense company that designs, manufactures, and operates spacecraft and satellite systems posted revenue of $84.2 million in the period, falling short of Street forecasts. Three analysts surveyed by Zacks expected $90.1 million.

York Space expects full-year revenue in the range of $380 million to $400 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on YSS at https://www.zacks.com/ap/YSS

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending