York Space Systems Inc [Ordinary Shares]

York Space Systems cut its 2026 revenue guidance to $170–580 million (midpoint ~ $375 million), citing a shift in US procurement to longer-term IDIQ contracts that delays revenue recognition by about six months. The company reported eight contract wins in 2026, a bid win rate of 88%, and is pursuing opportunities worth roughly $11.5 billion. The acquisition of ALL.SPACE expands its offering with ground terminals for degraded communications environments and is expected to drive growth in unmanned systems and secure communications. Management expects a marked revenue increase starting in Q2 2027 as IDIQ awards convert into revenue. » Plus sur de.investing.com

York Space Systems lowered its 2026 revenue forecast to $375–405 million (midpoint ~ $390 million), about 32% below the prior estimate of roughly $570 million, after which the stock fell sharply in after-hours trading. In Q2 revenue rose to about $92.5 million (+10%), gross margin improved from 11% to 24%, and contribution nearly doubled. The company cited slower IDIQ government procurements and supply-chain delays as reasons, and CFO Kevin Messerle resigned; Brian Frantz will serve as interim CFO. » Plus sur de.investing.com

York Space Systems reports that all 21 satellites of the second batch established contact five hours after separation began, bringing 42 satellites for the T1TL program into orbit. The company has placed a total of 55 spacecraft across eight launches, delivering the first second tier for the Space Development Agency. Despite operational successes, the stock trades at $17.93, close to its 52-week low of $16.93, and is down 47% year‑to‑date; York has more cash than debt and a market capitalization of $2.33 billion, and analysts expect revenue growth of about 47% for this year. » Plus sur de.investing.com