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Firefly Aerospace Shares Plummet After Disappointing Q2 Earnings
Firefly Aerospace Shares Plummet After Disappointing Q2 Earnings
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BTCCSquare news:
Firefly Aerospace (FLY) shares tumbled 11.8% following its inaugural quarterly earnings report, as investors focused on weak revenue growth despite some operational bright spots. The space company posted $15.5 million in Q2 2025 revenue, a 26% year-over-year decline, with spacecraft solutions revenue dropping 49% despite a 113% surge in launch services.
The net loss narrowed to $63.8 million, but guidance for full-year revenue between $133-$145 million failed to stem the selloff. Market sentiment suggests concerns about execution risks overshadowing projected growth, creating divergence between near-term performance and long-term potential in the competitive space sector.
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