Virgin Galactic: 4Q Earnings Snapshot
LAS CRUCES, N.M. (AP) _ Virgin Galactic Holdings, Inc. (SPCE) on Thursday reported a loss of $74 million in its fourth quarter.
The Las Cruces, New Mexico-based company said it had a loss of 31 cents per share.
For the year, the company reported that its loss widened to $273 million, or $1.25 per share. Revenue was reported as $238,000.
Virgin Galactic shares have increased 78% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $42.24, a climb of 24% in the last 12 months.