Terran Orbital Corporation (LLAP) Misses Q2 EPS by 16c

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Terran Orbital Reports Record Breaking Second Quarter 2022 Financial Results

August 9, 2022 6:00 AM EDT

BOCA RATON, Fla.--(BUSINESS WIRE)-- Terran Orbital Corporation (NYSE: LLAP) ("Terran Orbital" or the "Company"), a leading small satellite manufacturer primarily serving the United States aerospace and defense industry, today announced financial results and operational highlights for the three and six months ended June 30, 2022.

Second Quarter 2022 Highlights

Generated record revenue of $21.4 million, a 127% increase compared to the second quarter of 2021 Record backlog of $224.1 million as of June 30, 2022, up 200% since December 31, 2021 Built pipeline to more than 140 opportunities representing over $16 billion in value as of June 30,... More