BlackSky Technology, Inc. (NYSE:BKSY) Q4 2023 Earnings Conference Call February 28, 2024 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 Jaeson Schmidt - Lake Street Edison Yu - Deutsche Bank Josh Sullivan - Benchmark Company Greg Burns - Sidoti Jeff Van Rhee - Craig-Hallum Capital Group Chris Quilty - Quilty Space Operator Good morning, ladies and gentlemen and welcom ...

Imagery & Software Analytical Services Revenue Adjusted Imagery & Software Analytical Services Cost of Sales (1) Cash operating expenses(1) of $63.2 million, relatively flat to 2022 BLACK SKY 18 BLACKSKY TECHNOLOGY INC. RECONCILIATION OF IMAGERY AND SOFTWARE ANALYTICAL SERVICE COST OF SALES TO ADJUSTED IMAGERY AND SOFTWARE ANALYTICAL SERVICE COST OF SALES BLACK SKY * Amounts may not add due to rounding. +1% YoY Growth © BlackSky 2024. All rights reserved. Public information. © BlackSky 2024. All rights rese ...

BlackSky Technology Inc. (BKSY) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.09. This compares to loss of $0.13 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 44.44%. A quarter ago, it was expected that this company would post a loss of $0.12 per share when it actually produced a loss of $0.12, delivering no surprise.Over the last four quarters, the company has surpasse ...

THIS LEASE ("Lease") is entered into as of ________________, between 2411 DULLES CORNER METRO OWNER LLC, a Delaware limited liability company ("Landlord"), and BLACKSKY TECHNOLOGY INC., a Delaware corporation ("Tenant"). (f) "Commencement Date" means September 1, 2024; provided, however, the Commencement Date shall be pushed back on a day-for-day basis for each day that Substantial Completion is delayed due to a Landlord Delay (as defined in Exhibit C). (h) "Expiration Date" means the last day of the Term, ...

I suppose that if you have enough time, any solid candidate for space stocks has the opportunity to turn $10,000 into $1 million. Still, if you want that million as quickly as possible, you’re going to have to accept huge risks. I don’t make the rules – that’s just the way that it is.Understanding this, the upside prospect for space stocks is quite compelling. According to a report by McKinsey & Company, the sector has already grown to approximately $4447 billion. That’s up from $280 billion in 2010. Furthe ...

Jakarta, Indonesia, January 25, 2024, 8:47a.m. Western Indonesia Time. BlackSky’s unconventional mid-inclination orbits and AI automation produce high-cadence, time-diverse images which are difficult to capture with traditional Earth observation systems. Through BlackSky’s subscription-based services, the Indonesian Defense Ministry is guaranteed access and first-priority tasking capacity over their national and regional areas of interest and can collect day, night, burst, broad-area 2x1, and multi-frame st ...

The pullbacks in the broader indices precipitated this list of undervalued stocks under $20. When done successfully, the biggest gains may come from investors adopting a contrarian stance. This is because investing early or against the grain may assume more risk, but this too comes with more rewards.These undervalued stocks under $20 represent a good mix of risk and predicted upside, so investors may consider this list of companies closely.Uranium Energy Corp (UEC)Source: RHJPhtotos / ShutterstockUranium En ...

BlackSky Technology Inc. (NYSE:BKSY) Q3 2023 Earnings Conference Call November 8, 2023 8:30 AM ET Company Participants Aly Bonilla - VP of IR Brian O'Toole - CEO Henry Dubois - CFO Conference Call Participants Jaeson Schmidt - Lake Street Edison Yu - Deutsche Bank Josh Sullivan - Benchmark Company Jeff Van Rhee - Craig Hallum Greg Mesniaeff - WestPark Capital Griffin Boss - B. Riley Securities FBR Operator Good morning, ladies and gentlemen, and welcome to BlackSky Technology's Third Quarter 2023 Earnings C ...

BlackSky Proprietary BlackSky Proprietary BlackSky Proprietary Successful integration of BlackSky's high- frequency imagery services with the NRO's new data architecture Enables BlackSky to scale the delivery of imagery services through advanced APIs and enterprise interfaces BlackSky Proprietary for Launch in 2024 Scaling satellite manufacturing production line BlackSky Proprietary BlackSky Proprietary (→) Strong customer demand and growing momentum from new and existing U.S. and international government c ...

Financial Data and Key Metrics Changes - Total revenue for Q2 2023 was $19.3 million, an increase of $4.2 million or 28% year-over-year [51] - Imagery and analytics revenue grew to $15.3 million, a 51% increase over the prior year period, driven by greater volumes of imagery delivered [51] - Adjusted EBITDA loss was $5.8 million, a 35% improvement from the $8.8 million loss in the prior year [46] Business Line Data and Key Metrics Changes - Imagery and analytics business delivered a 97% incremental contribution margin for the first half of the year, indicating strong operating leverage [15] - Professional and engineering services revenue decreased to $4 million from $4.9 million in the prior year, primarily due to timing of R&D programs [43] Market Data and Key Metrics Changes - Strong demand for high-frequency imagery and analytics from defense and intelligence customers globally, particularly due to geopolitical tensions [21] - The company secured over $35 million in new contracts and renewals, primarily supporting international and U.S. government agencies [16] Company Strategy and Development Direction - Focus on expanding customer base and securing long-term contracts, with a strategy to evolve customer relationships from pilot projects to multi-year agreements [24][25] - Continued investment in Gen-3 satellites and AI software to enhance capabilities and meet growing demand [18][84] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving positive adjusted EBITDA in Q4 2023, driven by revenue growth and effective cost management [19][60] - The company is well-positioned to capitalize on emerging opportunities in the defense and intelligence sectors, with a growing sales pipeline [103] Other Important Information - The company was added to the Russell 3000 Index, increasing visibility to institutional investors [18] - A partnership with SynMax was established to monitor coal inventory at power plants, showcasing the expansion into commercial markets [38] Q&A Session Summary Question: Updated guidance related to contracts - Management indicated that the updated guidance is primarily due to timing related to both renewals and new contracts, with variability introduced by the sales cycle [63] Question: Cadence of recognizing larger contracts - Contracts are multi-year and subscription-based, with revenue recognized over the contract period as capacity is delivered [68] Question: Relationship with SPIRE and customer interest - Significant interest in maritime-related solutions, combining RF capabilities with high-frequency imaging and AI analytics [108] Question: Subscription terms for renewals - Larger renewals are structured as take-or-pay agreements, allowing customers to subscribe to a certain amount of capacity on a quarterly basis [111] Question: Gen-3 satellite launches and revenue impact - Initial Gen-3 satellites will replace existing capacity, with continued revenue growth expected as more capacity is deployed [113]