Financial Performance: Revenue Collapse and Narrowed Losses

Virgin Galactic Holdings continues to experience significant selling pressure after reporting disappointing financial figures for its second quarter of fiscal 2025. The space tourism company’s stock extended its downward trajectory with another substantial decline in yesterday’s trading session.

The quarterly results present a stark picture. Company revenue imploded to a mere $0.4 million, representing a dramatic decrease from the $4.2 million recorded during the same period last year. This severe Read more...