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Stock impact report

Virgin Galactic Holdings Inc (SPCE) Q3 2024 Earnings Call Highlights: Navigating Cash Flow ... [Yahoo! Finance]

Virgin Galactic Holdings, Inc. (SPCE) 
Company Research Source: Yahoo! Finance
Capital Expenditures: $39 million, up from $13 million in the prior year period. Free Cash Flow: Negative $118 million, compared to negative $105 million in the same period last year. Cash and Marketable Securities: $744 million. Projected Free Cash Flow for Q4 2024: Expected to be in the range of negative $115 million to $125 million. Warning! GuruFocus has detected 5 Warning Signs with SPCE. Release Date: November 06, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Virgin Galactic Holdings Inc ( NYSE:SPCE ) has moved into the build phase of its spaceship program, with tools being completed and parts beginning to be produced. The company plans to expand its fleet beyond the first two spaceships, aiming to capture economies of scale from existing investments. Virgin Galactic Holdings Inc ( NYSE:SPCE ) has a strong cash position, providing flexibility in timing and pace of acquiring growth capital. The compan Show less Read more
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