- July 20, 2025
- 1 second ago
Virgin Galactic narrows losses, but the space-tourism stock drops
Space-travel company loses less money than analysts were expecting in its fourth quarter
By
Virgin Galactic Holdings Inc. lost less money than expected in the latest quarter, but its stock declined in Tuesday’s extended session.
The aerospace and space-travel company logged a fiscal fourth-quarter net loss of $104 million, or 26 cents a share, whereas it lost $151 million, or 55 cents a share, in the year-before quarter. Analysts tracked by FactSet were expecting a 30-cent loss per share.
