Redwire CFO Chris Edmunds joins Kristen Scholer on NYSE Live to discuss his firm earnings from the first quarter
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Redwire CFO Chris Edmunds joins Kristen Scholer on NYSE Live to discuss his firm earnings from the first quarter
Redwire (NYSE:RDW) reported sharply higher first-quarter 2026 revenue and record backlog, while management said the company is increasing internal research and development spending to pursue larger opportunities across space and defense markets. Chairman and CEO Peter Cannito said Redwire saw “stro
Peter Cannito: Thank you, Alex. During the first quarter of 2026, Redwire saw strong demand across our differentiated products. During the quarter, Redwire achieved a strong book-to-bill ratio of 1.92 and as a result, ended the quarter with record contracted backlog of $498.1 million, providing confidence in our forecast as we move further into 2026.
Redwire Corporation (RDW) delivered earnings and revenue surprises of -16.13% and -6.29%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
Aerospace and defense company Redwire (NYSE:RDW) fell short of the market’s revenue expectations in Q1 CY2026, but sales rose 57.9% year on year to $96.97 million. On the other hand, the company’s full-year revenue guidance of $475 million at the midpoint came in 0.8% above analysts’ estimates. Its GAAP loss of $0.40 per share was significantly below analysts’ consensus estimates.
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