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Rocket Lab reports strong Q2 earnings, seeing a significant revenue surge despite ongoing losses.
Rocket Lab reported Q2 earnings of $144.5 million, exceeding estimates and showing a 36% year-over-year revenue increase.
Despite a loss of 13 cents per share, the company is on track for a record year with more launches and spacecraft deliveries.
The company's plan for long-term profitability includes increased production, diversifying clientele, and introducing new launch vehicles.
Rocket Lab's stock has grown over 800% in a year due to strong mission success, growing demand, and upcoming Neutron rocket launches, though it remains unprofitable.
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Rocket Lab informa fuertes ganancias del segundo trimestre, viendo un aumento significativo de ingresos a pesar de las pérdidas en curso.