Virgin Galactic shares take off as cost-cutting efforts pay off in Q1 |
Virgin Galactic Holdings Inc (NYSE:SPCE) shares surged almost 40% after the space travel company reported significant progress in its cost-cutting efforts during the first quarter. The company reduced its operating expenses by 21% year-over-year to $89 million, narrowing its net loss to $84 million or $2.38 per share compared to a loss of $102 million or loss per share of $5.10 in the year-ago quarter. |
proactiveinvestors.com |
2025-05-16 15:23:49 |
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Virgin Galactic's stock is skyrocketing. This is why. |
Space-tourism company Virgin Galactic expects that private astronauts will pay more than $600,000 for a ticket on its new Delta class SpaceShips |
marketwatch.com |
2025-05-16 13:14:00 |
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Virgin Galactic Holdings, Inc. (SPCE) Q1 2025 Earnings Call Transcript |
Virgin Galactic Holdings, Inc. (NYSE:SPCE ) Q1 2025 Earnings Conference Call May 15, 2025 5:00 PM ET Company Participants Eric Cerny - Vice President, Investor Relations Michael Colglazier - President and Chief Executive Officer Doug Ahrens - Chief Financial Officer Conference Call Participants Oliver Chen - TD Cowen Greg Konrad - Jefferies Gregory Dahlberg - Wolfe Research Operator Good afternoon. My name is Louella and I will be your conference operator today. |
seekingalpha.com |
2025-05-15 22:56:37 |
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Virgin Galactic (SPCE) Reports Q1 Loss, Tops Revenue Estimates |
Virgin Galactic (SPCE) came out with a quarterly loss of $2.38 per share versus the Zacks Consensus Estimate of a loss of $2.23. This compares to loss of $5 per share a year ago. |
zacks.com |
2025-05-15 22:21:04 |
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Virgin Galactic Announces First Quarter 2025 Financial Results and Provides Business Update |
ORANGE COUNTY, Calif.--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic” or the "Company”) today announced its financial results for the first quarter ended March 31, 2025 and provided a business update. Michael Colglazier, Chief Executive Officer of Virgin Galactic said, “The first quarter demonstrated strong progress advancing the build of our new SpaceShips and keeping pace with our plans to begin commercial spaceflight in 2026. The assets being built as we marc. |
businesswire.com |
2025-05-15 20:05:00 |
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Live Virgin Galactic (SPCE) Earnings Coverage |
While the company has beaten EPS estimates in each of the last four quarters, stock reactions have been muted or negative: –0.3%, –11.8%, and –1.5% in the last three prints. |
247wallst.com |
2025-05-15 15:17:17 |
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Virgin Galactic Reports Inducement Award Under NYSE Listing Rule 303A.08 |
ORANGE COUNTY, Calif.--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic”) announced that the Compensation Committee of Virgin Galactic's Board of Directors approved the grant of a time-based inducement restricted stock unit award of 34,862 shares of Virgin Galactic common stock to a new non-executive employee, effective May 15, 2025. The award was granted under Virgin Galactic's 2023 Employment Inducement Incentive Award Plan, which provides for the granting of equ. |
businesswire.com |
2025-05-13 20:06:00 |
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Play These 5 Top-Ranked Stocks With Rising P/E |
Tap five stocks with increasing P/E ratios to try out an out-of-the-box approach. These stocks include Comfort Systems USA (FIX), MasTec (MTZ), Virgin Galactic (SPCE), AeroVironment (AVAV) and Blackbaud (BLKB). |
zacks.com |
2025-05-09 11:25:34 |
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Virgin Galactic (SPCE) Upgraded to Buy: What Does It Mean for the Stock? |
Virgin Galactic (SPCE) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term. |
zacks.com |
2025-05-02 17:05:37 |
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Virgin Galactic Announces Date of First Quarter 2025 Financial Results and Conference Call |
ORANGE COUNTY, Calif.--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic” or the "Company”) today announced that it will report its financial results for the first quarter 2025 following the close of the U.S. markets on Thursday, May 15, 2025. Virgin Galactic will host a conference call to discuss the results that day at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). A live webcast and replay of the conference call will be available on the Company's Investor Relat. |
businesswire.com |
2025-04-23 20:06:00 |
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Virgin Galactic Reports Inducement Award Under NYSE Listing Rule 303A.08 |
ORANGE COUNTY, Calif.--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic”) announced that the Compensation Committee of Virgin Galactic's Board of Directors approved the grant of a time-based inducement restricted stock unit award of 9,175 shares of Virgin Galactic common stock to a new non-executive employee, effective April 15, 2025. The award was granted under Virgin Galactic's 2023 Employment Inducement Incentive Award Plan, which provides for the granting of eq. |
businesswire.com |
2025-04-15 20:06:00 |
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SPCE stock price analysis after the $12 billion wipeout |
The Virgin Galactic stock price has crashed to a record low as concerns about its going concern continued. SPCE crashed to a low of $3.36, bringing the year-to-date losses to 42%. |
invezz.com |
2025-03-07 06:08:47 |
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Virgin Galactic's new spacecraft looms large as company eyes future profitability |
Virgin Galactic Holdings Inc. says it is making progress building its new Delta-class spacecraft, which it says will help unlock the company's future profitability. |
marketwatch.com |
2025-02-27 17:54:00 |
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Virgin Galactic Holdings, Inc. (SPCE) Q4 2024 Earnings Call Transcript |
Virgin Galactic Holdings, Inc. (NYSE:SPCE ) Q4 2024 Earnings Conference Call February 26, 2025 5:00 PM ET Company Participants Eric Cerny - Vice President, Investor Relations. Michael Colglazier - Chief Executive Officer Mike Moses - President, Spaceline Doug Ahrens - Chief Financial Officer Conference Call Participants Greg Konrad - Jefferies Michael Leshock - KeyBanc Capital Markets Myles Walton - Wolfe Research Tom Nass - TD Cowen Operator Good afternoon. |
seekingalpha.com |
2025-02-26 21:12:33 |
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Virgin Galactic Announces Date of Fourth Quarter and Full Year 2024 Financial Results and Conference Call |
ORANGE COUNTY, Calif.--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic” or the "Company”) today announced that it will report its financial results for the fourth quarter and full year of 2024 following the close of the U.S. markets on Wednesday, February 26, 2025. Virgin Galactic will host a conference call to discuss the results that day at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). A live webcast and replay of the conference call will be available on the. |
businesswire.com |
2025-02-12 18:06:00 |
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Will Virgin Galactic Abandon the Space Tourism Business? |
In June 2024, space tourism pioneer Virgin Galactic (SPCE -4.67%) launched its Unity spaceplane with a planeload of space tourists for the last time. In the months since, the company has continued working on its new spaceplane, dubbed the Delta class. |
fool.com |
2025-02-09 10:08:00 |
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5 Space Stocks to Watch as the Industry Reaches New Heights |
2024 was a breakout year for space stocks, with many companies making headlines for their rapid growth and innovative advancements. Rocket Lab NASDAQ: RKLB, for instance, was a standout, with its stock skyrocketing over 360% in 2024 as the company met rising demand for small satellite launches. |
marketbeat.com |
2025-01-27 09:01:45 |
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Undercovered Dozen: Virgin Galactic, Gold Fields, Matador Resources, EHang + |
The 'Undercovered' Dozen highlights 12 lesser-covered stocks, offering investment ideas and encouraging discussions on their potential and market outlook. Beyond Inc. is rated a Strong Buy by Oskar Goyvaerts due to its turnaround plan, new CEO, and cost cuts aiming for breakeven FCF by Q3 2025. BioCGT Investor discusses the potential of Editas Medicine and Intellia Therapeutics despite market pessimism, with strategic pipeline reprioritization and significant upside targets possible. |
seekingalpha.com |
2025-01-25 10:30:00 |
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Virgin Galactic Reports Inducement Award Under NYSE Listing Rule 303A.08 |
ORANGE COUNTY, Calif.--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic”) announced that the Compensation Committee of Virgin Galactic's Board of Directors approved the grants of time-based inducement restricted stock unit awards covering an aggregate of 4,259 shares of Virgin Galactic common stock to two new non-executive employees, each effective December 15, 2024. The awards were granted under Virgin Galactic's 2023 Employment Inducement Incentive Award Plan, wh. |
businesswire.com |
2024-12-13 08:45:00 |
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Virgin Galactic Partners with Italy's Ente Nazionale per l'Aviazione Civile to Conduct Spaceport Feasibility Study |
WASHINGTON--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) (the “Company” or “Virgin Galactic”) and Ente Nazionale per l'Aviazione Civile (“ENAC”), the civil aviation authority of Italy, today announced the signing of an Agreement of Cooperation to jointly study the feasibility of Virgin Galactic conducting spaceflight operations from Grottaglie Spaceport in the Puglia region of Southern Italy. The study will evaluate the necessary technical requirements for suborbital spaceflight. |
businesswire.com |
2024-12-12 14:04:00 |
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Shocking News (But No, Not Really): Virgin Galactic Needs More Money |
Virgin Galactic can't sell rocket rides to space tourists for another couple of years -- so it sells stock instead. |
fool.com |
2024-11-18 08:06:00 |
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Virgin Galactic: Perfect Execution Is The Only Way To Survive |
Virgin Galactic Holdings, Inc.'s latest $300 million ATM offering to build 2 additional Delta spaceships may actually be critical for the company to fund its operations until 2026. Perfect execution is the only way for Virgin Galactic to survive, in my opinion, ahead of the maturity of the $419.5 million debt in early 2027. Virgin Galactic may be behind schedule for Delta spaceships based on its underspending this year compared to the guidance issued in Q3 2023. |
seekingalpha.com |
2024-11-13 14:55:34 |
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Virgin Galactic building the foundation for strong future profitability, KeyBanc says |
Virgin Galactic Holdings Inc.'s progress toward its new class of spacecraft bodes well for the company's future profitability, according to KeyBanc Capital Markets. |
marketwatch.com |
2024-11-07 17:16:00 |
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Bet on 5 Top-Ranked Stocks With Rising P/E |
Tap five stocks with increasing P/E ratios to try an an out-of-the-box approach. These stocks include American Eagle Outfitters (AEO), Groupon (GRPN), Nextracker Inc. (NXT), ESS Tech (GWH) and Virgin Galactic (SPCE). |
zacks.com |
2024-11-07 08:40:22 |
Czytaj oryginał (ang.) |
Virgin Galactic (SPCE) Reports Q3 Loss, Misses Revenue Estimates |
Virgin Galactic (SPCE) came out with a quarterly loss of $2.66 per share versus the Zacks Consensus Estimate of a loss of $4.10. This compares to loss of $5.60 per share a year ago. |
zacks.com |
2024-11-06 20:55:24 |
Czytaj oryginał (ang.) |
12 High-Growth Stocks That Could Deliver Parabolic Returns |
These 12 innovative companies could deliver exponential returns over the next quarter century. |
fool.com |
2024-10-28 12:00:00 |
Czytaj oryginał (ang.) |
Italy's Spacewear to develop training clothing for Virgin Galactic |
Italy's Spacewear has closed a deal with Virgin Galactic to design and develop a clothing range for the training of its astronauts and space tourists, the founder of the startup said. |
reuters.com |
2024-10-07 09:42:40 |
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Bet on 5 Top-Ranked Stocks With Rising P/E |
Tap five stocks with increasing P/E ratios to try out an out-of-the-box approach. These stocks include Adverum Biotechnologies (ADVM), IceCure Medical (ICCM), DarioHealth (DRIO), Energous (WATT) and Virgin Galactic (SPCE). |
zacks.com |
2024-10-02 09:30:27 |
Czytaj oryginał (ang.) |
United Airlines Will Offer Free Wi-Fi On Flights In 2025 Using SpaceX's Starlink |
United Airlines will be equipping its planes with free in-flight Wi-Fi using SpaceX's Starlink internet service next year, the airline announced Thursday, becoming the latest airline to offer complimentary internet service. |
forbes.com |
2024-09-13 13:09:18 |
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Virgin Galactic Reports Inducement Award Under NYSE Listing Rule 303A.08 |
ORANGE COUNTY, Calif.--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic”) announced that the Compensation Committee of Virgin Galactic's Board of Directors approved the grants of time-based inducement restricted stock unit awards covering an aggregate of 42,018 shares of Virgin Galactic common stock to three new non-executive employees, each effective September 15, 2024. The awards were granted under Virgin Galactic's 2023 Employment Inducement Incentive Award Plan. |
businesswire.com |
2024-09-12 20:26:00 |
Czytaj oryginał (ang.) |
Does Virgin Galactic (SPCE) Have the Potential to Rally 467.09% as Wall Street Analysts Expect? |
The mean of analysts' price targets for Virgin Galactic (SPCE) points to a 467.1% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock. |
zacks.com |
2024-09-05 14:57:05 |
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3 Aerospace-Defense Stocks to Buy Amid Solid US Defense Budget |
Aerospace-Defense stocks ride high on impressive air passenger view and solid US defense budget amid the adverse impacts of supply-chain challenges. You may buy LDOS, SPCE and AIRI. |
zacks.com |
2024-08-29 14:31:15 |
Czytaj oryginał (ang.) |
Virgin Galactic Charges $900,000 Per Ticket -- but Is That Enough? |
Virgin Galactic got into the space business promising trips for $250,000 a pop. In the second quarter, space tourists on the Unity spaceplane shelled out closer to $900,000 each, helping the company deliver a revenue beat. |
fool.com |
2024-08-25 11:00:00 |
Czytaj oryginał (ang.) |
Wall Street Analysts Predict a 420.73% Upside in Virgin Galactic (SPCE): Here's What You Should Know |
The consensus price target hints at a 420.7% upside potential for Virgin Galactic (SPCE). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term. |
zacks.com |
2024-08-16 14:55:19 |
Czytaj oryginał (ang.) |
7 Tech Stocks to Sell Before They Plummet in a 2024 Recession |
If you've been paying attention, you know that tech stocks have been the rocket fuel propelling this bull market to dizzying heights. However, these high-flyers could come crashing back to Earth when the downturn hits. |
investorplace.com |
2024-08-14 11:00:00 |
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7 Space Exploration Stocks That Could Pioneer New Frontiers |
Ongoing developments in next generation launch vehicles, as well as lunar missions, together with the rising interest of the private sector in space exploration, make space explorations stocks potentially lucrative targets for investors. The rivalry between the two global superpowers is growing ever more heated, and both the United States and China are pouring money into space exploration and development, from satellites to moon landing missions. |
investorplace.com |
2024-08-13 14:30:00 |
Czytaj oryginał (ang.) |
Prediction: Rocket Lab Gets a New Neighbor in SpaceX |
Five years ago, New Zealand rocket launcher Rocket Lab announced plans to set up a launch site in the United States. Now, U.S. space giant SpaceX may be contemplating setting up a rocket base in Australia. |
fool.com |
2024-08-11 12:08:00 |
Czytaj oryginał (ang.) |
Space stocks set to climb, boosted by Virgin Galactic and Rocket Lab results |
Space stocks are climbing in premarket trades Friday, boosted by Virgin Galactic Holdings Inc.'s and Rocket Lab USA Inc.'s results this week. |
marketwatch.com |
2024-08-09 11:32:00 |
Czytaj oryginał (ang.) |