Redwire optimistic about gains despite failing to meet analysts’ expectations

The space technology company grew revenue 24.7% in 2024.


  • By Mark Basch
  • | 12:00 a.m. March 20, 2025
  • | 0 Free Articles Remaining!
Redwire CEO Peter Cannito said the company successfully executed its growth strategy in 2024.
Redwire CEO Peter Cannito said the company successfully executed its growth strategy in 2024.
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Redwire Corp.’s stock dropped March 11 after reporting fourth-quarter revenue below analysts’ forecasts.

However, the Jacksonville-based space technology company painted an optimistic outlook for 2025 and at least one analyst agrees.

“4Q24 results just ok, but ’25 guide and longer term outlook worth getting exciting about,” H.C. Wainwright analyst Scott Buck said in a research note.

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