## Filing Overview **Filing Date**: 11-08-2023 **Type of Filing**: [[Filing Definitions#8-K|8-K]] --- ## Notes Rocket Lab reported its financial results for the third quarter ending September 30, 2023, and announced key updates on its operations: - **Financial Highlights**: - Revenue: **$67.7 million**, a 7.3% increase compared to Q3 2022. - Gross Profit: **$15.0 million**, an increase from **$8.5 million** in Q3 2022. - Operating Loss: **$(38.9) million**, compared to **$(32.0) million** in Q3 2022. - **Operational Achievements**: - Two successful Electron launches, with milestones in reusability programs. - Progress in the Neutron launch vehicle development, including tank testing and Archimedes engine validation. - Expansion of hypersonic capabilities with seven HASTE contracts secured in six months. - **Forward Guidance**: - Q4 2023 Revenue expected between **$65-$69 million**. - Q1 2024 Revenue guidance between **$95-$105 million**. - **Anomaly Update**: - Investigation into the September 19, 2023, mission anomaly indicates the probable root cause to be an electrical arc in the Rutherford engine's power supply system. Corrective measures are underway, with launches expected to resume on November 28, 2023. Rocket Lab emphasized its commitment to reliability and operational growth, highlighting significant progress across its launch and space systems sectors. --- ## Filing ![[341c5a35-8038-4d37-88af-6391d5200ee8.pdf]]