TechRocket Lab forecasts quarterly margin below estimates as Neutron costs weigh
Rocket Lab said on Monday that it expects its third-quarter profit margin to come in below Wall Street forecasts. The company is facing higher expenses as it scales up launch services and space-systems production. Those costs are weighing on profitability, with spending connected to the Neutron program adding to the pressure on margins.
Rocket Lab forecasts quarterly margin below estimates as Neutron costs weigh
