MarketPulse

contract termination

3 articles
BenzingaBenzinga··Tanya Rawat

Verra Mobility Plunges 41% as Avis Terminates Major Contract

Verra Mobility stock crashed 41% after Avis Budget Group ended their agreement, eliminating $135-145M in annual revenue.
CARVRRMafter-hours tradingcontract termination
The Motley FoolThe Motley Fool··Rich Smith

Spire Global Loses $52.7M Canadian Contract, Erasing 9 Months of Projected Revenue

Spire Global lost a $52.7M Canadian Space Agency contract for wildfire monitoring CubeSats, representing roughly 9 months of projected 2025 revenue and delaying profitability.
SPIRspace industrycontract termination
The Motley FoolThe Motley Fool··Danny Vena, Cpa

AeroVironment Plummets 27% After Space Force Contract Termination, Earnings Miss

$AVAV crashed 27% in March following weak Q3 earnings, $1.7B Space Force contract termination, and $151.3M goodwill impairment charge.
AVAVearnings missguidance reduction