2023-03-07 07:02:38 ET
- BlackSky Technology press release ( NYSE: BKSY ): Q4 GAAP EPS of -$0.13 beats by $0.03 .
- Revenue of $19.42M (+69.0% Y/Y) misses by $0.19M .
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- Imagery & software analytical services revenue grew 196% over the prior year's quarter
- Capital expenditures of $9.7 million
- 2023 Outlook: BlackSky expects full year 2023 revenue to be between $90 million and $96 million vs consensus of $105.88M, a 42% increase over 2022 revenue at the mid-point of this range. With strong revenue growth, high incremental contribution margins, and prudent cost management, the Company anticipates achieving positive Adjusted EBITDA in the fourth quarter of 2023. In addition, the Company expects capital expenditures for the full year 2023 to be between $40 million and $45 million.
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BlackSky Technology GAAP EPS of -$0.13 beats by $0.03, revenue of $19.42M misses by $0.19M