The 'Flatellite' model is designed to help companies and government agencies launch and operate large satellite constellations, which could be used for internet connectivity.

Rocket Lab USA Inc. shares fell about 13% in extended trading Thursday after the space-launch company topped Wall Street’s fourth-quarter revenue estimates but gave a weaker-than-expected first-quarter outlook.

Rocket Lab USA Inc. (RKLB, Financial) shares plunged about 13% on early Friday pre-market trading despite unveiling promising news. The spaceflight firm, in its Q4 earnings report, revised its Neutron launch target to the second half of 2025,

Space launch provider Rocket Lab USA ( RKLB -6.68%) reported mixed fourth-quarter earnings on Thursday, Feb. 27. Revenue in Q4 was notably higher at $132.4 million, topping analysts' consensus projections of $130 million and rising 121% year over year. Adjusted EPS in Q4 was in line with estimates, presenting a loss of $0.10 per share.

Aerospace and defense company Rocket Lab (NASDAQ:RKLB) will be reporting earnings tomorrow after the bell. Here’s what to expect.