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Rocket Lab surges 30% to fresh highs on revenue beat, record-setting launch deal
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- Rocket Lab's stock blasted 30% to a record high after the space company topped first-quarter revenue estimates and announced its largest launch deal on record.
- The Long Beach, California-based company reported $136.7 million in revenue for its space systems business and $63.7 million for its launch segment.
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Rocket Lab's stock blasted 30% to a record high after the space company topped first-quarter revenue estimates and announced its largest launch deal on record.
The Long Beach, California-based company reported $136.7 million in revenue for its space systems business and $63.7 million for its launch segment. That topped FactSet estimates of $132.1 million and $59 million, respectively. Rocket Lab's backlog more than doubled from a year ago to $2.2 billion.
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