Redwire Corporation's Q4 2024 revenue increased by 9.6% to $69.6 million. However, the company reported a net loss of $67.2 million, impacted by a $43.8 million non-cash loss from private warrant liabilities. Operating losses widened, and adjusted EBITDA declined significantly to negative $9.2 million. Free cash flow improved sequentially to $3.0 million.
Redwire Corporation reported a 9.6% increase in revenue to $68.6 million for Q3 2024. The company's contracted backlog increased by 30.2% year-over-year to $330.1 million. However, the company experienced a net loss of $(21.0) million, which includes a loss contingency of $8.0 million related to a securities lawsuit, while adjusted EBITDA was $2.4 million.
Redwire Corporation reported a 30.0% increase in revenue to $78.1 million for the second quarter of 2024. The company's Contracted Backlog increased by 29.9% year-over-year to $354 million. Net loss was $(18.1) million and Adjusted EBITDA was $1.6 million.
Redwire Corporation reported a strong start to 2024 with record first-quarter revenue of $87.8 million, a 52.4% increase year-over-year. The company achieved positive Adjusted EBITDA of $4.3 million and positive net cash flow from operations of $2.8 million and positive Free Cash Flow of $0.4 million.
Redwire Corporation reported a revenue of $63.5 million and positive Adjusted EBITDA of $1.7 million in Q4 2023. The company's revenues increased by 18.2% compared to the same quarter of the previous year. The company forecasts revenues of $300 million for the full year ended December 31, 2024.
Redwire Corporation reported a 68.1% increase in revenue to $62.6 million for Q3 2023. The company also saw a 39.3% improvement in net loss, which was $(6.3) million, and an increase in Adjusted EBITDA to $4.9 million. Contracted backlog increased 59.5% year-over-year to $253.4 million.
Redwire Corporation announced strong Q2 2023 financial results, with a 63.6% increase in revenue to $60.1 million and positive Adjusted EBITDA of $4.4 million. The company's net loss improved significantly, and contracted backlog increased by 68.3% year-over-year. Redwire affirms its full-year revenue expectations to be in the range of $220.0 million to $250.0 million.
Redwire Corporation reported a strong start to 2023 with record revenue and positive Adjusted EBITDA. Revenues increased 75.3% to $57.6 million compared to the first quarter of 2022, and Adjusted EBITDA increased 193.0% to $4.3 million.
Redwire Corporation experienced record revenue and a record quarter for new bookings in Q4 2022. The company's financial performance improved on both a sequential and year-over-year basis, with record revenues and improvement in gross profit, Pro Forma Adjusted EBITDA, and Free Cash Flow.
Redwire Corporation reported a revenue increase of 14.0% to $37.2 million for the third quarter ended September 30, 2022. The company's net loss was $(10.4) million and Pro Forma Adjusted EBITDA was $(1.5) million.
Redwire Corporation reported a revenue increase of 14.2% to $36.7 million for the second quarter ended June 30, 2022. The company's net loss was $(77.0) million, which included an $80.5 million non-cash goodwill, intangible and long-lived asset impairment charge.
Redwire Corporation reported a revenue increase of $1.2 million, or 3.7%, reaching $32.9 million for the first quarter ended March 31, 2022. However, the company experienced a net loss of $(17.3) million and an Adjusted EBITDA of $(4.7) million during the same period.