RDW Earnings Prediction
The chart below shows how RDW performed 10 days before and after its earnings report, based on data from the past quarters. Typically, RDW sees a +7.81% change in stock price 10 days leading up to the earnings, and a +0.58% change 10 days following the report. On the earnings day itself, the stock moves by -1.10%. This data can give you a slight idea of what to expect for the next quarter's release.
RDW Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
68.64M
9.62%
-12.13%
Gross Margin
17.52%
-35.92%
5.42%
Operating Margin
0.33%
110.65%
-89.94%
Net Margin
-30.54%
202.38%
31.87%
EPS
-0.37
-164.29%
-11.90%
No Data Available
RDW Earnings Analysis
Redwire Corporation Corporation (RDW.N) Earnings Conference Call
Positive
Strong Revenue Performance: Revenue growth of 9.6% year-over-year to $68.6 million in Q3 2024, demonstrating strong performance.
Adjusted EBITDA Increase: Achieved a sequential increase in adjusted EBITDA of $2.4 million, reflecting effective cost management and operational efficiency.
Q3 2024 Contract Awards: Contract awards during Q3 2024 totaled $44.5 million, indicating robust demand for services and solutions.
Backlog Growth and Revenue Visibility: The contracted backlog increased by 30.2% year-over-year to $330.1 million, showcasing strong future revenue visibility.
New Product Launch Success: Successfully launched twelve new Pillbox systems, contributing to a sustainable operational model and enhancing market presence.
Negative
Third Quarter Revenue Growth: Revenue in the third quarter grew 9.6% year over year to $68.6 million, but this was still a modest increase compared to previous quarters.
Book-to-Bill Ratio Analysis: The last twelve months' book-to-bill ratio was 1.25 for the third quarter of 2024, indicating a potential slowdown in new contract signings.
Operating Cash Flow Decline: Net cash used in operating activities was $17.7 million during the third quarter, reflecting ongoing cash outflows.
Adjusted EBITDA Analysis: The adjusted EBITDA for the third quarter was $2.4 million, which, despite being an increase, was negatively impacted by a net $1.6 million EAC adjustment.
Backlog Increase Analysis: The contracted backlog increased 30.2% year over year to a total of $330.1 million, suggesting a reliance on existing contracts rather than new business growth.
RDW FAQs
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RDW Earning Call Sentiment
Redwire Corporation (RDW) Q3 2024 Earnings Call Transcript
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00:00
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RDW.N
-0.43%Positive
Basic Financial Performance shows strong revenue growth, but cash flow challenges are concerning. Product Development and Business Update is positive with strategic partnerships. Market Strategy is unclear due to election impact uncertainties. Expenses and Financial Health are mixed due to cash use and improved EBITDA. Shareholder Return Plan is neutral with no new initiatives. Q&A insights reveal cautious optimism on government spending and competitive positioning, but lack of clarity on contract win rates and cash flow management. Overall, the stock price is likely to remain stable in the short term.
