Terran Orbital Corporation reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 31.6 million compared to USD 31.92 million a year ago. Net loss was USD 42.84 million compared to USD 32.98 million a year ago. Basic loss per share from continuing operations was USD 0.21 compared to USD 0.23 a year ago. Diluted loss per share from continuing operations was USD 0.21 compared to USD 0.34 a year ago.

For the full year, the company reported sales was USD 135.92 million compared to USD 94.24 million a year ago. Net loss was USD 151.84 million compared to USD 163.98 million a year ago. Basic loss per share from continuing operations was USD 0.89 compared to USD 1.28 a year ago. Diluted loss per share from continuing operations was USD 0.89 compared to USD 1.4 a year ago.