Blacksky Technology Inc reports results for the quarter ended March 31 - Earnings Summary

Blacksky Technology

08/05/2025 16:08

Blacksky Technology Inc BKSY.N reported a quarterly adjusted loss of 44 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -88 cents.  The mean expectation of ten analysts for the quarter was for a loss of 46 cents per share. Wall Street expected results to range from -63 cents to -35 cents per share.

Revenue rose 21.9% to $29.54 million from a year ago; analysts expected $27.20 million.

Blacksky Technology Inc's reported EPS for the quarter was a loss of 42 cents​.

The company reported a quarterly loss of $12.81 million.

Blacksky Technology Inc shares had risen by 13.1% this quarter and lost 19.0% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 9.5% 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 7 "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 $16.50

This summary was machine generated from LSEG data May 8 at 03:08 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
Mar. 31 2025
-0.46
-0.44
Beat
Dec. 31 2024
-0.31
-0.99
Missed
Sep. 30 2024
-0.65
-0.66
Missed
Jun. 30 2024
-0.72
-0.48
Beat