Beta Technologies gains after Q3 revenue nearly triples

Beta Technologies

04/12/2025 13:10

** Shares of electric aircraft manufacturer Beta Technologies BETA.N rise 1.4% to $30.60 premarket

** Co's Q3 revenue nearly triples to $8.9 million from $3 million a year earlier in first earnings report since its listing last month

** Says product revenue exceeded management expectations due to ahead-of-schedule motor deliveries

** BETA reports net loss of $9.83 per share vs $1.81 per share last year

** Co forecasts full-year 2025 revenue between $29 million and $33 million

** BETA stock down 18% since market debut

 (Reporting by Utkarsh Tushar Hathi in Bengaluru)

 ((utkarshtushar.hathi@thomsonreuters.com))