Investing.com - Virgin Orbit Holdings reported on Monday third quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Virgin Orbit Holdings announced earnings per share of $-0.13 on revenue of $30.91M. Analysts polled by Investing.com EPS of $-0.13 on revenue of $12.50M.
Virgin Orbit Holdings 's are up 100% and is trading at $2.92 , still down 74.11% from its 52 week high of $11.28 set on Tuesday, January 11, 2022.
Virgin Orbit Holdings follows other major Industrials sector earnings this month
Virgin Orbit Holdings's report follows an earnings beat by United Parcel Service on Tuesday, October 25, 2022, who reported EPS of $2.99 on revenue of $24.59B, EPS of $2.86 on revenue of $24.4B.
Raytheon Technologies had beat expectations on Tuesday, October 25, 2022 with third quarter EPS of $1.21 on revenue of $16.95B, for EPS of $1.14 on revenue of $17.31B.
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