NYSE$RDW
Redwire Corp · Q2 2023 earnings
Q2 2023 earnings · · Investor relations
Briefing
Reported strong revenue growth and positive Adjusted EBITDA.
Redwire Corporation announced strong Q2 2023 financial results, with a 63.6% increase in revenue to $60.1 million and positive Adjusted EBITDA of $4.4 million. The company's net loss improved significantly, and contracted backlog increased by 68.3% year-over-year. Redwire affirms its full-year revenue expectations to be in the range of $220.0 million to $250.0 million.
- Revenues increased 63.6% to $60.1 million compared to Q2 2022.
- Comparable Revenues increased 24.9% to $45.9 million compared to Q2 2022.
- Net Loss improved 92.9% to $(5.5) million compared to Q2 2022.
- Adjusted EBITDA increased by $8.4 million to $4.4 million compared to Q2 2022.
Headline financials
Revenue & EPS history
Redwire · Revenue · Quarterly
$60.1M
Forward guidance
Redwire affirms that it expects revenues to be in a range of $220.0 million to $250.0 million for the full year ended December 31, 2023.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2023
-3.1%
Avg return
Earnings day
-0.2%
Avg return
5 days after
+5.7%
Avg return
30 days after
50%
10 / 20 earnings
Positive
+10.7%
Q4 2025
Best reaction
-28.7%
Q3 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -4.7% | +19.7% | +91.3% | |
| Q4 2025 | +10.7% | +3.8% | -5.3% | |
| Q3 2025 | -18.2% | -16.0% | -12.5% | |
| Q1 2025 | -6.1% | +8.1% | +77.4% | |
| Q4 2024 | -8.6% | -5.9% | -16.8% | |
| Q3 2024 | +6.6% | +29.8% | +75.9% | |
| Q2 2024 | -16.2% | -12.5% | -6.8% | |
| Q1 2024 | +5.9% | +19.0% | +29.3% | |
| Q4 2023 | +0.9% | +15.4% | +16.3% | |
| Q3 2023 | -9.3% | -16.2% | -5.2% | |
| Q2 2023 | +0.9% | +5.0% | -4.4% | |
| Q1 2023 | -1.3% | -11.1% | -17.6% | |
| Q4 2022 | +3.4% | +12.8% | +21.9% | |
| Q3 2022 | -6.8% | -12.5% | -28.8% | |
| Q2 2022 | +3.6% | +8.2% | -6.3% | |
| Q2 2021 | -2.2% | -6.0% | -37.6% | |
| Q3 2021 | -28.7% | -25.1% | -29.0% | |
| Q4 2021 | +6.5% | -20.6% | -24.4% | |
| Q1 2021 | +0.3% | +0.2% | +0.2% | |
| Q4 2020 | +1.9% | -0.9% | -3.6% | |
| Q3 2020 | — | — | — |
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