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Firefly Aerospace: Q1 Earnings Snapshot

CEDAR PARK, Texas (AP) — CEDAR PARK, Texas (AP) — Firefly Aerospace Inc. (FLY) on Monday reported a loss of $96.7 million in its first quarter.

The Cedar Park, Texas-based company said it had a loss of 61 cents per share. Losses, adjusted for non-recurring costs, were 46 cents per share.

The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 50 cents per share.

The space and defense technology company posted revenue of $80.9 million in the period, also topping Street forecasts. Four analysts surveyed by Zacks expected $73.8 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FLY at https://www.zacks.com/ap/FLY

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
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