Loading...
•
Mar 31, 2024
Redwire Q1 2024 Earnings Report
Reported a 52.4% increase in revenue and positive adjusted EBITDA.
Key Takeaways
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.
Revenues increased 52.4% year-over-year to $87.8 million.
Net loss was $(8.1) million, while Adjusted EBITDA was $4.3 million.
Net cash provided by operating activities improved year-over-year by $16.8 million to positive $2.8 million.
Free Cash Flow improved by $15.2 million to positive $0.4 million.
Forward Guidance
Redwire affirms its forecast for full year 2024 revenues of $300 million.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...