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Firefly Aerospace made $110.68 million last quarter, more than expected, and raised its 2026 revenue forecast.

ResultsRead the original at Benzinga
Good for FLY

Firefly's sales beat estimates, its backlog reached $1.7 billion, and it raised the lower end of its 2026 sales forecast. It still reported an adjusted loss, but the growth and stronger forecast point to improving business prospects.

FLY · Firefly Aerospace Inc

AI read · Good for FLY

The AI's read

More customer work and faster sales growth suggest Firefly is turning its projects into business. Its backlog grew, and the company raised the lower end of its 2026 sales forecast. The adjusted loss remains a concern, but both sales and loss per share beat analysts’ estimates.

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