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Rocket Lab's CEO says supply chain issues with important minerals are tough for many industries as Trump supports exploring Greenland.

ResultsRead the original at Benzinga
Neutral

Rocket Lab beat sales estimates and forecast next-quarter sales above analysts' estimates. Its larger-than-expected per-share loss, expected adjusted loss, and raw-material challenges keep the report mixed, despite its supply-chain control.

RKLB · Rocket Lab USA Inc.

AI read · Neutral

The AI's read

The higher sales forecast points to continued demand. But Rocket Lab lost more per share than analysts expected, and it expects its adjusted operating measure to remain below zero. Beck also said raw materials remain a challenge, but Rocket Lab is less exposed because it controls much of its supply chain. Taken together, the report has positives and negatives.

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