Rocket Lab USA, Inc. reported quarterly losses of $(0.13) per share which missed the analyst consensus estimate of $(0.11) by 15.04 percent.

Rocket Lab shares slipped 2% in overnight trading.

This is a 62.5 percent decrease over losses of $(0.08) per share from the same period last year.

The company reported quarterly sales of $144.498 million which beat the analyst consensus estimate of $134.532 million by 7.41 percent.

This is a 36.00 percent increase over sales of $106.251 million the same period last year.