Shares of commercial space start-up Rocket Lab jumped after the company reported better-than-expected third-quarter results late Tuesday. The stock rose 26% to $18.40 in premarket trading Wednesday. S&P 500 and Dow Jones Industrial Average futures each were down about 0.

Rocket Lab (NASDAQ: RKLB) stock lived up to its name this morning as shares were up 44% at 10:45 a.m. ET after an encouraging earnings report Tuesday evening. Heading into the Q3 report, analysts had forecast Rocket Lab would lose $0.

Rocket Lab announced its first customer for its coming Neutron vehicle. The space infrastructure company reported third-quarter revenue increased to $104.8 million, up 55% from $67.6 million for the same period a year ago.

Rocket Lab USA Inc. (NASDAQ: RKLB) stock is up more than 40% the day after reporting a record number of launches for its Electron rockets in the prior quarter. The Electron rocket provides launch services that allows commercial and government customers to deploy satellites and other payloads into space.