Inactive Instrument

Virgin Orbit Holdings, Inc.

VORB

US92771A1016

Virgin Orbit Holdings, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2021

March 29, 2022 at 04:12 pm EDT

Virgin Orbit Holdings, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2021. For the fourth quarter, the company reported sales was USD 0.155 million compared to USD 1.17 million a year ago. Net loss was USD 41.73 million compared to net income of USD 15.72 million a year ago. Basic loss per share from continuing operations was USD 0.14 compared to basic earnings per share from continuing operations of USD 0.06 a year ago.
For the full year, sales was USD 7.39 million compared to USD 3.84 million a year ago. Net loss was USD 157.29 million compared to USD 121.65 million a year ago. Basic loss per share from continuing operations was USD 0.55.

Latest news about Virgin Orbit Holdings, Inc.

Virgin Orbit Holdings, Inc. Emerged from Bankruptcy	23-08-02	CI
First Motion for Exclusivity Period Extension Filed by Virgin Orbit Holdings, Inc.	23-08-01	CI
Fifth Amended Joint Reorganization Plan Approved for Virgin Orbit Holdings, Inc.	23-07-31	CI
Fifth Amended Joint Reorganization Plan Filed by Virgin Orbit Holdings, Inc.	23-07-31	CI
Fourth Amended Joint Reorganization Plan Filed by Virgin Orbit Holdings, Inc.	23-07-26	CI
Motion for Asset Sale Approved for Virgin Orbit Holdings, Inc.	23-06-27	CI
Third Amended Reorganization Plan and Disclosure Statement Filed by Virgin Orbit Holdings, Inc.	23-06-20	CI
Revised Disclosure Statement Approved for Virgin Orbit Holdings, Inc.	23-06-20	CI
Spain's PLD Space aborts test rocket launch -webcast	23-06-16	RE
Spanish rocket company PLD Space signs deal with France's Arianespace	23-06-14	RE
Terran Orbital Names Tony Gingiss as Chief Operating Officer	23-06-14	MT
Second Amended Reorganization Plan and Disclosure Statement Filed by Virgin Orbit Holdings, Inc.	23-06-12	CI
Second Amended Disclosure Statement Approved for Virgin Orbit Holdings, Inc.	23-06-12	CI
Rocket maker Firefly buys on-orbit servicing company Spaceflight	23-06-08	RE
Google in funding round for Indian space startup Pixxel	23-06-07	RE
First Amended Reorganization Plan and Disclosure Statement Filed by Virgin Orbit Holdings, Inc.	23-06-06	CI
Stratolaunch LLC acquired Certain assets from Virgin Orbit Holdings, Inc. (OTCPK:VORB.Q).	23-06-04	CI
Launcher Inc. completed the acquisition of Mojave Desert facility from Virgin Orbit Holdings, Inc. (OTCPK:VORB.Q).	23-06-01	CI
Rocket Lab USA, Inc. acquired Certain Long Beach California Aerospace Production and Manufacturing Assets from Virgin Orbit Holdings, Inc. (OTCPK:VORB.Q) for $16.1 million.	23-06-01	CI
Spain's PLD Space calls off test rocket launch citing high altitude winds	23-05-31	RE
Spain's PLD Space plans first rocket launch test on May 31	23-05-30	RE
Motion for Asset Sale Approved for Virgin Orbit Holdings, Inc.	23-05-26	CI
Virgin Galactic set for first spaceflight in nearly two years	23-05-25	RE
Industrials Down on Default Worries -- Industrials Roundup	23-05-24	DJ
Sector Update: Tech Stocks Easing Late Tuesday	23-05-23	MT

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Company Profile

Virgin Orbit Holdings, Inc. is a vertically integrated space company engaged in operating responsive space launch systems. It has developed an air-launch system that comprises the LauncherOne rocket. LauncherOne is a two-stage rocket used to launch satellites into orbit. Its portfolio includes Commercial and Civil, National Security and Defense and Space Solutions. Commercial & Civil provides rideshare launch services for commercial and civil customers, both from the United States and internationally. National Security and Defense provides national security launch and mission services to the United States and its allied government customers, including the Space Force, Air Force and other agencies within the United States Department of Defense and the intelligence community. Space Solutions provides end-to-end services for Internet of Things and Earth Observation applications through a combination of agreements with satellite operators and a satellite constellation it owns and operates.

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Aerospace & Defense

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