Skyx Platforms Corp Reports Results For The Quarter Ended June 30: Earnings Summary
SKYX Platforms Corp reports results for the quarter ended June 30 - Earnings Summary
SKYX Platforms Corp SKYX.OQ reported a quarterly adjusted loss of 6 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -8 cents. The mean expectation of six analysts for the quarter was for a loss of 5 cents per share. Wall Street expected results to range from -7 cents to -2 cents per share.
Revenue rose 9.6% to $25.27 million from a year ago; analysts expected $24.28 million.
SKYX Platforms Corp's reported EPS for the quarter was a loss of 6 cents.
The company reported a quarterly loss of $8.48 million.
SKYX Platforms Corp shares had risen by 11.3% this quarter and lost 43.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 5.7% 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 electrical components & equipment peer group is also "buy"
Wall Street's median 12-month price target for SKYX Platforms Corp is $5.00, about 75.8% above its last closing price of $1.21
This summary was machine generated from LSEG data August 12 at 09:49 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 |
Jun. 30 2026 | -0.05 | -0.06 | Missed |
Mar. 31 2026 | -0.06 | -0.07 | Missed |
Dec. 31 2025 | -0.07 | -0.08 | Missed |
Sep. 30 2025 | -0.07 | -0.07 | Met |
Recent news on SKYX Platforms
See all newsBrief: SKYX Platforms Corp - Offers Up To 25,250,000 Shares Of Common Stock - SEC Filing
NASDAQ RESUMED AT 09:00 AM
Brief: Skyx Signs Merger With Leading U.S. Ai Smart Home Silicon Valley Backed Company Deako, Aiming To Lead The Smart Home, Builder & Hotel Markets With Their Combined Platform Technologies
NASDAQ TRADE HALT HALT NEWS PENDING AT 07:25 AM
Skyx Platforms Corp Reports Results For The Quarter Ended June 30: Earnings Summary