From Seekingalpha · · 30s
Redwire's Strongest Demand Growth
Redwire reports record gross margins and backlog growth but faces profitability challenges.
In brief
Redwire reports record gross margins and backlog growth but faces profitability challenges. Redwire's Q3 revenue rose 5.4% to $109M with 32.3% gross margin, but sustainable profitability remains unproven. Originally reported by Seekingalpha.
Q3 Results

Redwire's Q3 revenue rose 5.4% to $109M with space segment strength offset by defence tech declines.
Record Gross Margin
Gross margin hit a record 32.3% as backlog growth improves profitability outlook.
Profitability Concerns
Strong liquidity at $538.9M but ongoing cash burn and r and d investment pressure sustainable profitability.
The big picture
Redwire's Q3 revenue rose 5.4% to $109M with 32.3% gross margin, but sustainable profitability remains unproven.




