Firefly Aerospace Reports Better-Than-Expected Q1 Results, Shares Surge

Firefly Aerospace Inc (NASDAQ:FLY) reported first-quarter financial results after the closing bell on Monday. Here’s a rundown of the report.

• Firefly Aerospace shares are trending. What’s driving FLY stock?

Firefly Q1 Highlights

Firefly reported revenue of $80.88 million for the first quarter, beating analyst estimates of $77.07 million, according to Benzinga Pro. The space and defense technology company reported a first-quarter adjusted loss of 46 cents per share, beating estimates for a loss of 48 cents per share.

Firefly highlighted multiple achievements in the quarter, including its selection for the space-based interceptor program under Golden …

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