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Virgin Galactic Stock Climbs After Better-Than-Expected Q2 Results
Virgin Galactic Holdings, Inc. (NYSE:SPCE) shares are trading higher after the company reported its second-quarter financial results Wednesday. Here's a look at the details from the report.
The Details: Virgin Galactic reported quarterly losses of $4.36 per share, which beat the analyst consensus estimate by 11.56%.
Quarterly revenue came in at $4.22 million, which beat the analyst consensus estimate of $3.361 million by 25.56% and represents a 125.55% increase from the same period last year. The company said the increase in ...