Redwire's Shares Plunge After Earnings

This is a Redwire news story, published by Yahoo Finance, that relates primarily to Hera news.

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losses Redwire

The Motley Fool

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This Small Space Stock Just Got Bigger -- and More Profitable

Summary

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78% Informative

Redwire will acquire Hera Systems , a spacecraft developer focusing on military sales.

In 2023 , Hera 's revenue topped out at just $15 million -- versus $244 million for Redwire .

The purchase price for this acquisition implies a price-to-sales ratio of just 0.5 that Redwire is paying.

Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month . The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002

Stock Advisor returns as of August 26, 2024 This Small Space Stock Just Got Bigger -- and More Profitable was originally published by The Motley Fool .

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