“During the first quarter of 2026, Redwire’s (RDW) focus on operational performance and portfolio management drove meaningful year-over-year and sequential improvement in gross margins to 26.6%, which contributed to improved cash from operations,” said Chris Edmunds, Chief Financial Officer of Redwire. “In addition, we ended the quarter with record total liquidity4 of $175.2 million. With further line of sight into the rest of the year, we are pleased to reaffirm our 2026 revenue forecast.”
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RDW:
- Redwire call volume above normal and directionally bullish
- Hershey, Sangamo, Cintas, Redwire, Toast Insider Shake-Up
- Redwire price target raised to $15 from $10.50 at Alliance Global
- Unusually active option classes on open April 22nd
- Redwire announces multi-year marketing partnership with Washington Commanders