Brief: Terran Orbital Reports First Quarter 2023 Financial Results
15/05/2023 11:06
May 15 (Reuters) - Terran Orbital Corp LLAP.N :
* TERRAN ORBITAL REPORTS FIRST QUARTER 2023 FINANCIAL
RESULTS
* TERRAN ORBITAL CORP - CONTINUE TO EXPLORE RAISING
ADDITIONAL
FUNDS IN FUTURE THROUGH ISSUANCE OF ADDITIONAL DEBT OR EQUITY
* TERRAN ORBITAL CORP - ON MAY 15, 2023, TERRAN ORBITAL
ANNOUNCED
A $87 MILLION AWARD TO MANUFACTURE 16 SATELLITES FOR A NEW
CUSTOMER
* TERRAN ORBITAL CORP - GIVEN OUR CURRENT VIEW OF OUR STEEP
RAMP
AHEAD, WE ANTICIPATE IN EXCESS OF $250M IN REVENUE IN 2023
* TERRAN ORBITAL CORP - CAPEX IS EXPECTED TO BE LESS THAN
$30M FOR
YEAR
* TERRAN ORBITAL CORP - QTRLY LOSS PER SHARE $0.38
Source text for Eikon: ID:nBw45N6PJa
Further company coverage: LLAP.N
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