- Redwire press release (NYSE:RDW): Q4 GAAP EPS of -$0.25 misses by $0.12.
- Revenue of $63.49M (+18.2% Y/Y) beats by $3.77M.
- Comparable Revenues for the fourth quarter of 2023 increased 15.5% to $48.6 million, as compared to $42.0 million for the fourth quarter of 2022.
- Adjusted EBITDA for the fourth quarter of 2023 increased by $2.5 million to $1.7 million, as compared to -$0.8 million for the fourth quarter of 2022.
- Book-to-bill ratio for the fourth quarter of 2023 was 2.81, as compared to 3.74 as of the fourth quarter of 2022.
- Net cash provided by (used in) operating activities for the fourth quarter of 2023 improved by $20.5 million to $15.7 million.
- Free Cash Flow for the fourth quarter of 2023 was $12.6 million, as compared to $(5.5) million for the fourth quarter of 2022.
- For the full year ended December 31, 2024, Redwire is forecasting revenues of $300 million vs. consensus of $278.83 million.
2024 Forecast