Virgin Galactic's Q2 Revenue Will Surprise You
Virgin Galactic Holdings (NYSE: SPCE) is a space tourism company that's never actually carried any tourists into space. If that sounds a little strange to you, then you'll love this next bit: On Monday, Virgin Galactic reported its fiscal Q2 2020 "earnings" and -- surprise! -- it didn't actually earn anything. Or collect any revenue.
Now, that may not seem so surprising at first glance. After all, if Virgin Galactic isn't carrying any tourists into space (yet), then it probably isn't selling any tickets to space (yet) either. And if that's true, then you probably wouldn't expect the company to be collecting any revenue.
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Source Fool.com