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Redwire Reports First Quarter Net Loss of $17.3 Million

by Douglas Messier
Managing Editor

JACKSONVILLE, Fla. — Redwire reported a first quarter net loss of $17.3 million on revenues of $32.9 million. The adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) loss was $4.7 million for the quarter.

“Delays in contract awards, macroeconomic challenges, including inflation and supply chain delays in contractor start dates had a negative impact on performance,” the company said in a statement.

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  • Parabolic Arc
  • May 16, 2022