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Benzinga
Benzinga
Business
Adam Eckert

RARE PHOTOS: Why virgin galactic shares are rocketing higher today | Vintage Vibes

Virgin Galactic NYSE

Virgin Galactic Holdings Inc (NYSE:SPCE) is trading higher Wednesday after the company reported better-than-expected fourth-quarter earnings results, issued guidance and confirmed that its commercial service remains on track to launch this year.

Virgin Galactic reported quarterly revenue of $141,000, which came in below the estimate of $330,000. The space tourism company reported a quarterly earnings loss of 31 cents per share, which beat the estimate for a loss of 34 cents per share.

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