Virgin Galactic can't sell rocket rides to space tourists for another couple of years -- so it sells stock instead.Virgin Galactic (SPCE 2.89%) announced third-quarter earnings last week, and the news was not great.On the one hand, the space tourism company confirmed that the "build phase" of its new fleet of Delta-class spaceplanes is "underway," it's shifting to design work on its new "mothership," and the company is on course to begin commercial flights in 2026 -- all good news. Yet, Virgin Galactic stoc ...

Virgin Galactic Holdings, Inc. (NYSE:SPCE) Q3 2024 Earnings Conference Call November 6, 2024 5:00 PM ET Company Participants Eric Cerny - Vice President, Investor Relations. Michael Colglazier - Chief Executive Officer Doug Ahrens - Chief Financial Officer Conference Call Participants Matt Akers - Wells Fargo Oliver Chen - TD Cowen Greg Konrad - Jefferies Myles Walton - Wolfe Research Michael Leshock - KeyBanc Capital Markets Operator Good afternoon. My name is Christina and I will be your conference operat ...

Virgin Galactic (SPCE) came out with a quarterly loss of $2.66 per share versus the Zacks Consensus Estimate of a loss of $4.10. This compares to loss of $5.60 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 35.12%. A quarter ago, it was expected that this company would post a loss of $5.40 per share when it actually produced a loss of $4.36, delivering a surprise of 19.26%.Over the last four quarters, the company has surpasse ...

GALACTIC THIRD QUARTER 11.6.2024 ARTIST RENDERING OF FUTURE FLEET AT SPACEPORT AMERICA FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934, as am ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-38202 Virgin Galactic Holdings, Inc. (Exact name of registrant as specified in its charter) | --- | --- | --- | --- | --- | --- ...

Exhibit 99.1 Virgin Galactic Announces Third Quarter 2024 Financial Results And Provides Business Update • Build Phase of Delta Class Spaceships Underway with Commercial Service on Track for 2026 • Fleet Expansion Progressing as Design Efforts Shift to Mothership Program ORANGE COUNTY, CALIFORNIA – November 6, 2024 – Virgin Galactic Holdings, Inc. (NYSE: SPCE) ("Virgin Galactic" or the "Company") today announced its financial results for the third quarter ended September 30, 2024 and provided a business upd ...

Topline United Airlines will be equipping its planes with free in-flight Wi-Fi using SpaceX's Starlink internet service next year, the airline announced Thursday, becoming the latest airline to offer complimentary internet service. WASHINGTON - AUGUST 16: A United Airlines aircraft passes by a Continental Airlines aircraft as it ... [+] taxis to takeoff from the runway of Ronald Reagan National Airport August 16, 2006 in Washington, DC. (Photo by Alex Wong/Getty Images) Getty Images Key Facts United will st ...

Virgin Galactic (SPCE) closed the last trading session at $6.29, gaining 19.4% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $35.67 indicates a 467.1% upside potential. The average comprises nine short-term price targets ranging from a low of $6 to a high of $95, with a standard deviation of $30.04. While the lowest estimate indicates a decline of 4.6% from the current price leve ...

Virgin Galactic just sold tickets on its orbital flights at the highest prices ever. Shares of Virgin Galactic (SPCE 6.75%) have fallen about 90% during the past year, tumbling from a high of $65 a share to less than $7. The space stock enjoyed a bit of a bounce after the company on Aug. 7 delivered better-than-expected revenue results for the second quarter. But since then, the stock has retreated. Why is that? From $250,000 to infinity, and beyond It wasn't exactly "infinity." But the biggest single surpr ...

Shares of Virgin Galactic (SPCE) have gained 4.4% over the past four weeks to close the last trading session at $6.85, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $35.67 indicates a potential upside of 420.7%. The mean estimate comprises nine short-term price targets with a standard deviation of $30.04. While the lowest estimate of $6 indicates a 12.4% decline from the curre ...