Launch provider Rocket Lab (NASDAQ: RKLB) reported record-breaking revenue of $55.5 million for the second quarter, a 392% year-over-year increase that dropped the company’s backlog to $531.4 million, which is 2.7% less than the previous quarter. WHAT IT MEANS: Space systems comprised 66% of Rocket Lab’s Q2 revenue, largely due to its January acquisition of […]