FIREFLY AEROSPACE INVESTIGATION REMINDER: Bragar Eagel & Squire, P.C. Reminds Firefly Investors to Contact the Firm Regarding Ongoing Investigation
Globenewswire·2025-10-15 21:29

Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Firefly Aerospace Inc. for possible violations of federal securities laws and unlawful business practices affecting stockholders [1][2]. Investigation Details - The investigation is focused on whether Firefly has engaged in unlawful activities that may have led to financial losses for its investors [1][2]. - Investors who purchased or acquired Firefly shares and suffered losses are encouraged to contact the law firm for further discussion on their legal rights [3]. Financial Performance - Firefly conducted an initial public offering on August 7, 2025, selling 19.3 million shares at $45.00 each [6]. - For the second quarter of 2025, Firefly reported a loss of $80.3 million, or $5.78 per share, which is an increase from a loss of $58.7 million, or $4.60 per share, in the same quarter the previous year [6]. - The company's revenue for the same quarter was $15.55 million, which was below analyst expectations of $17.25 million and represented a 26.2% decline from the previous year [6]. - Following the financial report, Firefly's stock price dropped by $7.58, or 15.31%, closing at $41.94 per share on September 23, 2025 [6].