Rocket Lab USA, Inc. (Nasdaq: RKLB) reported a second-quarter 2023 loss of $0.10 per share, which was slightly worse than the consensus estimate of a loss of $0.09 per share. However, revenues for the quarter totaled $62.05 million, slightly exceeding the analysts' projected revenues of $61.79 million.

Additionally, Rocket Lab announced that it has secured a new block buy deal for five Electron launches with BlackSky (NYSE: BSKY). Separately, the company also revealed a new launch services agreement for a HASTE (Hypersonic Accelerator Suborbital Test Electron) mission in 2024 from Launch Complex 2 at Virginia’s Mid-Atlantic Regional Spaceport within NASA’s Wallops Flight Facility.

$RKLB was trading at $6.87 in after-hours, showing an increase of $0.21 (+3.15%).

In other news, Rivian Automotive, Inc. (Nasdaq: RIVN) has disclosed its second-quarter 2023 financial results, reporting a loss of $1.08 per share and revenues of $1.121 billion, better than the consensus estimate loss of $1.41 per share on revenue of $978.88 million for the period.

In after-hours, $RIVN was trading at $24.89, up $0.09 (+0.36%).

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)