Rocket Lab Corp (NASDAQ:RKLB) shares are catching a bid Thursday. Traders continue to lean into the company’s strong first‑quarter report.
- Rocket Lab stock is at critical resistance. Why are RKLB shares at highs?
Earnings Strength Keeps Rocket Lab In Focus
Rocket Lab reported first-quarter revenue of $200.35 million, topping expectations and rising 63.5% from last year. The company posted a loss of seven cents per share, matching estimates, but the top‑line acceleration and contract activity were the real standouts. Rocket Lab signed 31 new Electron and HASTE launch deals during the quarter, plus five additional contracts tied to its upcoming Neutron rocket.
Guidance And Catalysts Add Fuel To The Move
The company guided second-quarter revenue to a range of $225 million to $240 million, well above the current consensus. Rocket Lab expects an adjusted EBITDA loss of $20 million to $26 million, but investors appear more focused on the revenue trajectory and the upcoming debut of the Neutron rocket, which remains on track for its first launch later this year.
The company also announced two new defense‑related wins: a selection to demonstrate advanced capabilities …