BlackSky (BKSY) Tops Q2 EPS by 3c ; Offers Guidance

BlackSky (NYSE: BKSY) reported Q2 EPS of ($0.06), $0.03 better than the analyst estimate of ($0.09). Revenue for the quarter came in at $24.9 million versus the consensus estimate of $25.57 million.

GUIDANCE:

BlackSky sees FY2024 revenue of $102-118 million, versus the consensus of $109.2 million.

Full year 2024 Adjusted EBITDA of between $8 million and $16 million. In addition, the Company maintains its expectations for full year 2024 capital expenditures of between $55 million and $65 million, primarily driven by investments in our Gen-3 satellites.

For earnings history and earnings-related data on BlackSky (BKSY) click here.

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