Why Are Redwire Shares Seeing Blue Skies On Thursday?

Benzinga12-19

Redwire Corp (NYSE:RDW) shares are trading higher on Thursday after the company disclosed an eight-figure deal with European aerospace firm The Exploration Company (TEC). The agreement entails Redwire...

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We are thrilled to contribute to one of the most exciting space programs in Europe,”\n“IBDM allows for future docking operations in IDSS-compliant environments and positions our system to support missions that demand flexibility, safety, and precision.”\nIn November, Redwire reported quarterly losses of 37 cents per share, which missed the consensus estimate for losses of 11 cents. Revenue came in at $103.43 million, which missed the Street estimate of $128.68 million.\nRDW Price Action: RDW shares are up 11.09% at $7.16 at publication on Thursday.\nRead Next:\nCourtesy Redwire and the Exploration Company","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2592186475","isCrawlerRequest":true}