Blacksky Technology Inc reports results for the quarter ended in September 30 - Earnings Summary

Blacksky Technology

07/11/2024 20:45

* Blacksky Technology Inc  BKSY.N  reported a quarterly
adjusted
loss of 66 cents​​ per share for the quarter ended September 30,
lower than the same quarter last year, when the company reported
EPS of 8 cents.  The mean expectation of nine analysts for the
quarter was for a loss of 65 cents per share. Wall Street
expected results to range from -81 cents to -48 cents per share.
    * Revenue rose 6.1% to $22.55 million from a year ago;
analysts
expected $27.48 million. 
    * Blacksky Technology Inc's reported EPS for the quarter was
a
loss of 66 cents​.
    * The company reported a quarterly loss of $12.59 million.
    * Blacksky Technology Inc shares had risen by 59.7% this
quarter and lost 32.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the
communications &
networking peer group is also "buy"

Wall Street's median 12-month price target for Blacksky
Technology Inc is 14.00 
This summary was machine generated from LSEG data November 7 at
08:45 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      -0.65          -0.66          Missed
 Jun. 30 2024      -0.72          -0.48          Beat
 Mar. 31 2024      -0.67          -0.88          Missed
 Dec. 31 2023      -0.73          -0.24          Beat