Redwire plunges after quarterly results miss estimates (RDW:NYSE)

Last updated: March 10, 2025 10:52 pm

By MT HANNACH

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Redwire (NYSE:RDW) dropped by 20% in prolonged exchanges on Monday after the infrastructure company in the outdoor space said quarterly results that missed the average estimates of Wall Street analysts.

Its net loss strengthened at $ 67.2 million, or $ 1.38 per share, in the fourth quarter, against $ 8.2 million, or $ 0.25 per share,