Beta Technologies is trading 7.81% down at $22.67 after investors focused on a wider-than-expected second-quarter loss despite strong revenue growth.
- Q2 revenue reached $14.7 million, beating estimates, while adjusted EPS loss was $0.64 versus $0.46 expected.
- Net loss totaled $148.8 million, with adjusted EBITDA at -$109.8 million.
- Revenue guidance increased to $42 millionβ$50 million, but EBITDA losses remain substantial.