BlackSky and Jumia could have more upside potential than the struggling AI underdog.BigBear.ai (BBAI 20.20%), a developer of artificial intelligence (AI) modules for edge networks, has seen its stock decline nearly 70% since it went public by merging with a special purpose acquisition company (SPAC) on Dec. 8, 2021. Like many other SPAC-backed start-ups, BigBear.ai set some ambitious growth targets but missed them by a mile.Prior to going public, BigBear.ai claimed it could grow its annual revenue from $182 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________ FORM 10-K ___________________________________ (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-39113 ___________________________________ BLACKSKY TECHNOLOGY ...

Dallas, Texas--(Newsfile Corp. - March 7, 2025) - BlackSky Technology, Inc. (NYSE: BKSY): Stonegate Capital Partners updates their coverage on BlackSky Technology, Inc. (NYSE: BKSY). BKSY reported revenue, adj EBITDA, and EPS of $30.4M, $7.4M, and ($1.01), respectively. This compares to our/consensus estimates of $38.7M/$34.2M, $7.7M/$7.0M, and ($0.43)/($0.27).This marks the fifth quarter in a row of positive adjusted EBITDA. The Imagery and Software Analytics segment reported revenue of $17.5M, down $1.6 ...

BlackSky Technology Inc. (NYSE:BKSY) Q4 2024 Earnings Conference Call March 6, 2025 8:30 AM ET Company Participants Aly Bonilla - Vice President-Investor Relations Brian O'Toole - Chief Executive Officer Henry Dubois - Chief Financial Officer Conference Call Participants Daniel Hibshman - Craig-Hallum Greg Burns - Sidoti & Company Josh Sullivan - The Benchmark Company Chris Quilty - Quilty Space Edison Yu - Deutsche Bank Jaeson Schmidt - Lake Street Capital Markets Timothy Horan - Oppenheimer Scott Buck - H ...

BlackSky Technology Inc. (BKSY) stock has performed impressively over the past six months. The stock has gained 49.8%, outperforming the industry's 45.3% rally and the 7.6% rise of the Zacks S&P 500 composite.Six Months' Price Performance Image Source: Zacks Investment Research BKSY’s performance has fallen short of its industry peers, AppLovin Corporation (APP) and Agora, Inc. (API) rallies of 253.4% and 186.3% for the same period, respectively.As of the last trading session, the stock closed at $13.2, 66. ...

BlackSky Technology Inc. (BKSY) came out with a quarterly loss of $0.39 per share versus the Zacks Consensus Estimate of a loss of $0.28. This compares to loss of $0.40 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -39.29%. A quarter ago, it was expected that this company would post a loss of $0.61 per share when it actually produced a loss of $0.66, delivering a surprise of -8.20%.Over the last four quarters, the company ha ...

Revenue Performance - Total revenue for the full year 2024 was $102.1 million, an increase of $7.6 million or 8% from 2023[8] - Imagery and software analytical services revenue for the full year 2024 was $70.1 million, up $4.7 million or 7% over the prior year[8] - Total revenue for Q4 2024 was $30,370, a decrease of 14.0% compared to $35,508 in Q4 2023[31] - Imagery & software analytical services revenue decreased to $17,484, down 8.2% from $19,039 in the same quarter last year[31] - Professional & engineering services revenue decreased to $12,886, down 21.0% from $16,469 in Q4 2023[31] - BlackSky expects total revenue for 2025 to grow by 30% over 2024, forecasting between $125 million and $142 million[20] Profitability and Loss - Net loss for the full year 2024 was $57.0 million, compared to a net loss of $53.9 million in 2023[15] - Net loss for the year 2024 was $57,023, compared to a net loss of $53,859 in 2023, representing a 5.9% increase in losses[31] - The company reported a basic and diluted loss per share of $2.66 for 2024, compared to $3.18 in 2023, showing a reduction in loss per share[31] - Adjusted EBITDA for the full year 2024 was $11.6 million, a $12.7 million improvement from an Adjusted EBITDA loss of $1.0 million in 2023[17] - Adjusted EBITDA for the year 2024 was $11,637, compared to $(1,030) in 2023, indicating a significant improvement[37] Expenses and Costs - The cost of sales as a percentage of revenue improved to 27% for the full year 2024, compared to 36% in 2023[10] - Operating expenses for the fourth quarter of 2024 were $29.6 million, compared to $28.1 million in the fourth quarter of 2023[13] - Cash operating expenses for the year 2024 were $64,887, an increase of 2.8% from $63,142 in 2023[38] Cash Flow and Assets - Cash and cash equivalents decreased to $13,056 from $32,815 year-over-year, a decline of 60.2%[33] - Total assets increased to $254,342, up 13.5% from $224,066 in 2023[33] - Total liabilities increased to $160,158, up 22.3% from $130,907 in 2023[33] Capital Expenditures and Contracts - Capital expenditures for the full year 2024 totaled $50.2 million, with expectations for 2025 capital expenditures between $60 million and $70 million[19] - The company secured over $150 million in recent contract awards, increasing the backlog from $261 million to approximately $390 million[12] Product Development - The first Gen-3 satellite was successfully launched and began delivering imagery five days post-launch, exceeding customer expectations[2]

BlackSky Technology Inc. (BKSY) shares ended the last trading session 5.9% higher at $19.96. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 55.9% gain over the past four weeks.The stock is experiencing growth due to the rising demand for the company's advanced high-frequency monitoring and AI-powered analytic services.This company is expected to post quarterly loss of $0.28 per share in its upcoming report, which ...

BlackSky Technology (BKSY 10.64%) stock has gained 42% over the past 52 weeks -- and its run is not yet done.On Tuesday, the Earth observation satellite operator posted a 15% gain through 3 p.m. ET, after announcing a "six-figure contract ... to provide immediate, subscription-based on-demand Gen-2 imagery and analytics services" to an international customer. BlackSky's "big" newsHow big is a "six-figure" contract? Big enough that I wouldn't mind winning one, to be sure. But for a space stock like BlackSky, ...

Editor's note: Seeking Alpha is proud to welcome Litong Tian as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access.I am Liam Litong Tian, a young investor from San Diego, California. I have dabbled in investing over the past few years, and believe that it is a vital tool for acquiring wealth. I am deeply interested in real estate, professional services, eme ...