The Dogecoin price INRmarket witnessed a dramatic surge in Rocket Lab USA, Inc. (NASDAQ:RKLB) shares during Wednesday's premarket session, with prices climbing over 35% following the release of their third-quarter financial results and a groundbreaking announcement regarding their Neutron rocket program.
Financial reports revealed impressive quarterly revenue of $104.8 million, representing a substantial 55% year-over-year increase from $67.6 million in the comparable period last year. This performance notably exceeded analyst expectations of $102 million, as tracked by LSEG market researchers.
While the company reported an expanded net loss of $51.9 million compared to $40.6 million in the previous year, the per-share loss of 10 cents demonstrated a slight improvement over the anticipated 11-cent loss projected by financial experts.
Looking ahead to the fourth quarter, Rocket Lab has provided revenue guidance ranging between $125 million and $135 million. This forecast positions the company to potentially achieve approximately $430 million in annual revenue when calculated at the midpoint of their projections.
A significant development contributing to investor enthusiasm was the company's announcement of securing its inaugural Neutron rocket launch contract. The agreement with an undisclosed commercial satellite constellation operator includes two planned missions set for mid-2026.
Company representatives confirmed that the contract's financial terms align with their established targets for the Neutron program, which industry observers estimate at approximately $50 million per launch. This milestone represents a crucial validation of Rocket Lab's next-generation launch vehicle strategy.
Industry analysts have responded positively to these developments. Stifel's Erik Rasmussen maintained a Buy recommendation on RKLB shares while significantly increasing the price target from $15 to $22. In his research note, Rasmussen emphasized that "Neutron's progress opens access to substantial launch opportunities within the expanding satellite constellation market."
The analyst further noted that "improving business fundamentals, combined with this first Neutron contract, bolster confidence in the company's ability to meet its mid-2025 test flight timeline."
Examining the revenue composition, Rocket Lab's Space Systems division emerged as the primary growth driver during Q3. This segment, responsible for spacecraft manufacturing and satellite component supply, generated $83.9 million in revenue compared to $46.3 million in the prior year period.
The Launch division contributed $21 million, maintaining stability relative to its $21.3 million performance twelve months earlier. This balanced performance across business units demonstrates the company's diversified approach to space infrastructure development.
KeyBanc Capital Markets analysts highlighted Rocket Lab's strategic advantages, stating: "The Space Systems business shows remarkable expansion potential through both organic growth and strategic acquisitions. RKLB's vertically integrated, end-to-end operational model differentiates it from competitors and remains central to its long-term market positioning."