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Voyager Technologies Stock Plummets Amid Q2 Losses and Uncertain Future
Voyager Technologies Stock Plummets Amid Q2 Losses and Uncertain Future
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BTCCSquare news:
Voyager Technologies' stock (VOYG) tumbled 17.3% following a dismal Q2 earnings report. The space station builder posted a $0.60-per-share loss—double Wall Street's expectations—despite $45.7 million in revenue from its defense division. CEO guidance offered no clarity on profitability, citing only an impending adjusted EBITDA loss for 2025.
The selloff reflects growing skepticism about Voyager's capital-intensive space ambitions. While IPO-related costs contributed to the red ink, the absence of concrete milestones for its orbital infrastructure projects has left investors questioning the multiyear timeline to revenue generation. Military contracts provide interim cash FLOW but fail to justify the company's speculative valuation.
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