Ticket prices rise to $750,000! Virgin Galactic (SPAC.US) reports a 17% narrowing in Q4 net loss, hopes pinned on Delta spacecraft's maiden test next month
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According to the financial report, impacted by a gap in commercial flights caused by the retirement of the first-generation spacecraft VSS Unity, the company's fourth-quarter revenue was only $312,000, lower than analysts’ average expectation of $360,000. The total annual revenue for 2025 dropped to about $2 million. However, on the profit side, results outperformed market expectations: the fourth-quarter net loss significantly narrowed to $63 million, an improvement of about 17% compared to $76 million in the same period of 2024. Diluted earnings per share (EPS) for the quarter showed a loss of $0.98, better than Wall Street's previous forecasted loss range of $1.12 to $1.51.
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