Firefly Aerospace Inc (NASDAQ:FLY) reported first-quarter financial results after the closing bell on Monday. Here’s a rundown of the report.
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Firefly Q1 Highlights
Firefly reported revenue of $80.88 million for the first quarter, beating analyst estimates of $77.07 million, according to Benzinga Pro. The space and defense technology company reported a first-quarter adjusted loss of 46 cents per share, beating estimates for a loss of 48 cents per share.
Firefly highlighted multiple achievements in the quarter, including its selection for the space-based interceptor program under Golden Dome, critical milestones for Blue Ghost lunar missions and Alpha Flight 7.
“We’ve maintained steady progress across our launch and spacecraft business, and remained focused on scaling up our production lines to meet the demand for frequent landings on the Moon, a regular launch cadence, and critical national security missions,” said Jason Kim, CEO of Firefly Aerospace.
Firefly ended the quarter with $326.18 million in total cash and cash equivalents, and approximately $225.45 million in short-term investments.
Firefly continues to expect full-year 2026 revenue to be in the range of $420 million to $450 million, versus estimates of $432.45 million.
Firefly executives will further discuss the quarter on an earnings call scheduled for 5 p.m. ET.
FLY Shares Rise After Hours
FLY Price Action: Firefly Aerospace shares were up 10.58% in Monday’s after-hours session, trading at $36.98 at the time of publication, according to Benzinga Pro.
Image: courtesy of Firefly Aerospace.
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