-
Richard Branson's Virgin Galactic To Finalize Delta Class Spaceship Design By Q3, Eyes $1B In Revenue With Commercial Service Starting In 2026
Thursday, August 8, 2024 - 8:47am | 581Richard Branson‘s Virgin Galactic Holdings‘ (NYSE:SPCE) CEO Michael Colglazier said on Wednesday that the company will “substantially” wrap up the design phase of its Delta Class spaceships in the third quarter and then move on to the build and test phases. What Happened:...
-
Virgin Galactic Q4 Earnings Highlights: Revenue Miss, EPS Beat, Q1 Guidance, Spaceship Update And More
Tuesday, February 27, 2024 - 5:32pm | 457Space tourism company Virgin Galactic Holdings (NYSE:SPCE) reported fourth-quarter financial results after market close Tuesday. Here are the key highlights. What Happened: Earnings per share came in at a loss of 26 cents, beating the estimate of a loss of 30 cents. The revenue total missed a...
-
What's Going On With Virgin Galactic Shares After Hours?
Tuesday, February 28, 2023 - 5:24pm | 444Virgin Galactic Holdings Inc (NYSE: SPCE) shares are volatile in extended trading Tuesday after the space travel company reported mixed fourth-quarter results. What Happened: Virgin Galactic reported fourth-quarter revenue of $869,000. The company's top-line results came in above...
-
After-Hours Alert: Why Virgin Galactic Shares Are Blasting Off
Thursday, January 12, 2023 - 5:24pm | 333Virgin Galactic Holdings Inc (NYSE: SPCE) shares are trading higher in Thursday's after-hours session after the company announced an updated leadership structure to support commercial spaceline operations. What To Know: Virgin Galactic said Swami Iyer, president of ...
-
Failure To Launch: Why Virgin Galactic Shares Are Falling After Hours
Thursday, May 5, 2022 - 4:54pm | 293Virgin Galactic Holdings Inc (NYSE: SPCE) shares are trading lower in Thursday's after-hours session after the company reported financial results. Virgin Galactic reported a first-quarter net loss of $93 million, which was improved from a net loss of $130 million year-over-year. The...
-
Why Virgin Galactic Shares Are Rocketing Higher Today
Wednesday, February 23, 2022 - 12:55pm | 283Virgin Galactic Holdings Inc (NYSE: SPCE) is trading higher Wednesday after the company reported better-than-expected fourth-quarter earnings results, issued guidance and confirmed that its commercial service remains on track to launch this year. Virgin Galactic reported quarterly revenue of $...
-
Virgin Galactic Launches Off Support While Showing Bullish Divergence: What To Watch For On The Chart
Wednesday, February 23, 2022 - 11:04am | 676Virgin Galactic Holdings, Inc (NYSE: SPCE) was trading up about 4% higher in the premarket on Wednesday and rallying over 14% higher when the market opened after printing mixed fourth-quarter financial results. On Tuesday after the market close, Virgin Galactic reported earnings per share of ($0.31...
-
BofA Maintains Underperform Rating As Virgin Galactic Begins Selling Space Flight Tickets
Wednesday, February 16, 2022 - 11:14am | 274Virgin Galactic Holdings Inc (NYSE: SPCE) has announced the opening of space flight ticket sales to the public on Feb. 16. Reservations are being offered at $450,000, with an initial deposit of $150,000, according to BofA Securities. The Virgin Galactic Holdings Analyst: Ronald Epstein...
-
What's Boosting Virgin Galactic Shares Today?
Tuesday, February 15, 2022 - 10:23am | 314Virgin Galactic Holdings Inc (NYSE: SPCE) is trading higher Tuesday after the space travel company announced that it will open ticket sales to the general public for the purchase of one of Virgin Galactic's initial spaceflight reservations. During spaceflight, astronauts will...
-
Virgin Galactic Now Has This Many Reservations For Space Flights
Tuesday, November 9, 2021 - 4:59pm | 497Space tourism company Virgin Galactic Holdings Inc (NYSE: SPCE) reported third quarter financial results Monday after market close. The company also announced an updated number of reservations for future space flights. What Happened: Virgin Galactic said it ended the third quarter with 700 flight...
-
Why Virgin Galactic Shares Are Falling Back To Earth Today
Friday, October 15, 2021 - 8:56am | 275Virgin Galactic Holdings Inc (NYSE: SPCE) is trading significantly lower Friday after the company said the enhancement period for VMS Eve and VSS Unity will begin approximately one month later than anticipated, and commercial service is now expected to commence in the fourth quarter of 2022....
-
Why Virgin Galactic's Stock Is Trading Higher Today
Thursday, September 30, 2021 - 9:48am | 236Virgin Galactic Holdings Inc (NYSE: SPCE) is trading higher Thursday after the company announced it was cleared to fly following the conclusion of the FAA inquiry. The FAA previously grounded all Virgin Galactic flights, pending the results of an investigation into the company’...
-
Why Virgin Galactic Shares Are Rocketing Higher In After-Hours Trading
Wednesday, September 29, 2021 - 5:50pm | 297Virgin Galactic Holdings Inc (NYSE: SPCE) is surging higher in the after-hours session after the company announced it was cleared to fly FAA-licensed spaceflights following the conclusion of an FAA inquiry related to the Unity 22 flight in July. The FAA previously grounded...
-
Why Virgin Galactic's Stock Is Taking Off Today
Friday, July 2, 2021 - 8:04am | 256Virgin Galactic Holdings Inc (NYSE: SPCE) is trading significantly higher Friday morning after the company announced the flight window for its next rocket-powered test flight of its SpaceShipTwo Unity will open on July 11. The “Unity 22” mission will be Virgin...
-
Why Virgin Galactic Stock Is Trading Higher Again Today
Monday, June 28, 2021 - 9:04am | 252Virgin Galactic Holdings Inc (NYSE: SPCE) is trading higher Monday morning on continued momentum following the company's recent announcement that it received approval for a full commercial launch license from the Federal Aviation Administration. What Happened: On June 25, the FAA updated...