Article proposal: Virgin Galactic reports wider Q4 loss

in #ftin2 years ago

Richard Branson's space-tourism venture Virgin Galactic Holdings Inc. reported a wider loss in the quarter and year ended in December on higher costs tied to its public listing.

Virgin Galactic, which plans a commercial launch this year, reported the fourth-quarter net loss surged to $72.8 million, including costs tied to the public listing. It ended the year at a $210.9 million loss, compared with a loss of $138.1 million in 2018.


Virgin Galactic hints at more delays for start of SpaceShipTwo commercial flights

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