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Order Backlog

All articles tagged with #order backlog

Caterpillar's Q3 Success Overshadowed by Stock Slide and Demand Concerns

Originally Published 2 years ago — by Investor's Business Daily

Caterpillar (CAT) reported strong Q3 earnings that exceeded expectations, with revenue growing 12% to $16.81 billion. However, the company's order backlog fell sharply, causing CAT stock to slide. Wall Street is concerned about the declining backlog, as well as the potential impact of inflation and rising mortgage rates on Caterpillar's construction business. Despite the positive earnings, Caterpillar expects a lower operating margin in Q4 and anticipates only slight sales growth. CAT stock has fallen 16% this year, underperforming the Dow Jones Industrial Average.

business business business cat-stock caterpillar construction-industry earnings order-backlog

Terran Orbital's Annual Revenue Approaches $100 Million with Satellite Production

Originally Published 2 years ago — by CNBC

Terran Orbital, a manufacturer of small satellites, reported annual revenue of $94.2 million for 2022, more than double its 2021 total. The company's Q4 revenue grew to $31.9 million, but its adjusted EBITDA loss doubled to $26.1 million due to increased expenses. Terran Orbital's order backlog fell to $170.8 million in Q4, but its year-end backlog was for about 60 satellites, with the Rivada contract adding around 300 to that total. The company delivered 19 satellites during the fourth quarter and is expanding its manufacturing facilities to be able to make up to 250 satellites a year.

business business business manufacturing-facilities order-backlog revenue-growth small-satellites terran-orbital