Rocket Lab reports Q1 loss on 124% increase in revenue
Company predicts continued revenue uplift in Q2.
Rocket Lab has reported a widening net loss of US$26.7 million in the first quarter of its 2022 financial year, increasing from a loss of US$15.9m in the same quarter of 2021.
The Nasdaq-listed company’s revenues, however, rose 124% from US$18.2m to US$40.7m across the same comparison, which
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