Shares of Firefly Aerospace rocketed higher after the space technology company reported better-than-expected first-quarter earnings. Firefly is still a smaller, growing company. Wall Street was looking for sales of $77.1 million, according to FactSet.
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Jason Kim: Thank you, Michael, and welcome to our fourth quarter and year-end 2025 earnings call. Firefly is a space and defense company, delivering innovative hardware and software to perform the hardest missions in the space for national security, exploration and commercial technology lighting the way to a bold space ecosystem that expands humanity's future. Now with SciTec onboard, Firefly's capabilities include AI-enabled defense software proven in operations, such as missile warning and defense.
Space IPO plays Firefly Aerospace and Voyager Technologies report late Monday. Rocket Lab reports Thursday.
All three major US stock indexes were up over 2.0% in late-morning trading Wednesday after the US an