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Wall St Engine
@wallstengine
Fast, accurate, consistent stock market news, earnings highlights & more. By Brillinsight. Not financial advice.
Joined March 2022
995 Following    214.3K Followers
REDWIRE $RDW Q3โ€™26 EARNINGS HIGHLIGHTS ๐Ÿ”น Revenue: $109.0M (Est. $126M) ๐Ÿ”ด; +5.4% YoY ๐Ÿ”น EPS: -$0.09 (Est. -$0.12) ๐ŸŸข ๐Ÿ”น Adjusted EBITDA: -$5.3M (Est. -$4.7M) ๐Ÿ”ด ๐Ÿ”น Free Cash Flow: -$66.4M (Est. -$21.7M) ๐Ÿ”ด Affirms FY26 Guide: ๐Ÿ”น Revenue: $450M-$500M (Est. $473M) ๐ŸŸก Segment Net Revenue: ๐Ÿ”น Space: $61.3M; +32% YoY ๐Ÿ”น Defense Tech: $47.8M; -16% YoY Announcements: ๐Ÿ”น DARPA Contract: $20M for SabreSat VLEO testing ๐Ÿ”น ISS Launch: four microgravity investigations; fourth and final pair of Roll-Out Solar Arrays Other Q3 Metrics: ๐Ÿ”น Adjusted Gross Margin: 32.3%; +520 bps YoY ๐Ÿ”น Book-to-Bill: 1.73; +38% YoY Key Updates: ๐Ÿ”น Backlog: $619.7M; nearly 75% YoY ๐Ÿ”น Contracts Awarded: $188.7M in Q3 Comments: ๐Ÿ”ธ โ€œAlthough revenue timing continues to be uneven, with another quarter of record gross margins expanding from 16.3% to 32.3% year-over-year, the quality of our revenue is improving as we deliver mission-critical products and solutions across multiple domains.โ€ ๐Ÿ”ธ โ€œWith $323.1 million of recorded revenue during the first nine months of 2026 supported by a record $619.7 million in Backlog 4 and $46.8 million of work in process and finished goods inventory, we again reaffirm our 2026 revenue forecast.โ€
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