Rocket Lab Q1 Earnings Just Changed the RKLB Stock Debate
Rocket Lab reported first-quarter revenue of $200.3 million, up 63.5% from a year earlier, and narrowed its net loss to $45 million. Backlog rose to $2.2 billion after signing its largest launch contract, covering five Neutron and three Electron launches through 2029. Shares fell 7.2% before the report, then climbed in after-hours trading.