Redwire Stock Drops After Q3 Earnings Miss Estimates

Core Insights - Redwire Corp. reported a significant miss in its third-quarter earnings, with losses of 37 cents per share compared to the consensus estimate of 11 cents [2] - The company's quarterly revenue was $103.43 million, falling short of the expected $128.68 million [2] Financial Performance - The adjusted gross margin for the quarter was 27.1% [5] - The Book-to-Bill ratio increased year-over-year to 1.25 [5] - The contracted backlog grew to $355.6 million as of the third quarter of 2025 [5] Strategic Developments - The CEO of Redwire, Peter Cannito, highlighted the progress in transforming the company into a scalable, multi-domain growth platform, emphasizing the immediate benefits from the acquisition of Edge Autonomy [3]