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Firefly Aerospace Inc. (NASDAQ:FLY) Faces Financial Challenges but Shows Promising Developments
Financial Modeling Prep· 2025-09-23 08:02
Firefly Aerospace Inc. reported an EPS of -$5.78, significantly below the estimated EPS of -$0.43, and a revenue of $15.55 million against the anticipated $29.31 million.The company has increased its backlog to $1.3 billion, indicating strong demand for its services, and received FAA clearance for its Alpha rocket's return to flight.Despite a challenging financial report, Firefly Aerospace's stock price reflects a positive market sentiment, supported by an Overweight rating from Cantor Fitzgerald analyst Co ...