2023-08-09 07:04:23 ET
- BlackSky Technology press release ( NYSE: BKSY ): Q2 GAAP EPS of -$0.24 misses by $0.12 .
- Revenue of $19.33M (+28.0% Y/Y) misses by $1.22M .
- Imagery & software analytical services revenue grew 51% over the prior year quarter
- Cost of sales related to imagery & software analytical services improved to 23% from 34% in the prior year quarter.
- Outlook: BlackSky is actively working with several major customers on a number of sizable contracts and given the variability on timing, the Company is widening the range of its 2023 revenue outlook to between $84 million and $96 million. Expectations for full year 2023 capital expenditures remain between $40 million and $45 million.
- Shares -2.17% PM.
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BlackSky Technology GAAP EPS of -$0.24 misses by $0.12, revenue of $19.33M misses by $1.22M