BUZZ - Rocket Lab’s stock falls as quarterly loss exceeds expectations

November 9 - ** As a smaller peer of SpaceX SPCX.O, Rocket Lab RKLB.O's share price fell 3% in after-hours trading, closing at $57.08

** Despite strong revenue growth, investors remain cautious, mainly due to concerns about the company's profitability

** According to data compiled by LSEG, the company reported a loss of 12 cents per share for the three months ended September 30, while analysts had previously expected a loss of 7 cents per share

** Last month, RKLB postponed the maiden flight of its new large "Neutron" rocket until next year. The company had previously planned the "Neutron" rocket's first launch for the fourth quarter of 2026

** The company reported third-quarter revenue of $267.8 million, up from $115.1 million in the same period last year

** Fourth quarter revenue is expected to be between $270 million and $290 million, while analysts expect $265.4 million

** The company expects an adjusted EBITDA loss of between $14 million and $20 million for the fourth quarter

** As of the close of the previous trading day, the share price of this company, with a market capitalization of $31.76 billion, has fallen 15.62% so far this year

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