BLACKSKY REPORTS SECOND QUARTER 2024 RESULTS Q2 Total Revenue Increases 29% Over Prior Year Period Company Wins $40 Million in New Contracts and Renewal Agreements First 35cm Very High Resolution Gen-3 Satellite Planned for Launch in Q4 HERNDON, VA – August 8, 2024 – BlackSky Technology Inc. ("BlackSky" or the "Company") (NYSE: BKSY) announced results for the second quarter ended June 30, 2024. Second Quarter Financial Highlights: • Revenue of $24.9 million, up 29% from the prior year quarter • Imagery & so ...

Let me give you a silly example but one that makes sense. Your typical economy car may hit 60 miles per hour from standstill around the seven-second mark. A high-powered German luxury coupe may do it in under four seconds. Both vehicles can eventually get to 60 miles per hour. It's just that one gets you there a lot quicker. Source: Shutterstock It's also worth noting for speculators that shares trade hands at 0.41X trailing-year sales. Between the first quarter of 2023 to Q1 2024, the average metric stood ...

Dallas, Texas--(Newsfile Corp. - May 23, 2024) - BlackSky Technology, Inc. (NYSE: BKSY): Stonegate Capital Partners initiates their coverage on BlackSky Technology, Inc. (NYSE: BKSY). To view the full announcement, including downloadable images, bios, and more, click here. Stonegate Capital Partners (214) 987-4121 info@stonegateinc.com Source: Stonegate, Inc. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/210310 Revenue increased 31.7% year over year Awar ...

The Company evaluated subsequent events through May 8, 2024 and determined that there have been no events that have occurred that would require adjustments to its disclosures or the consolidated financial statements, other than those previously disclosed in Notes 7 and 14 above. for the strategic development efforts to support our long-term strategy. In addition, we employ and classify third-party vendors who fulfill our strategic projects as research and development expense. We intend to continue to invest ...

© BlackSky 2024. All rights reserved. Public information. 1 The data contained herein is derived from various internal and external sources. All of the market data in the presentation involves a number of assumptions and limitations. No representation is made as to the reasonableness of the assumptions made within or the accuracy or completeness of any projections or modeling or any other information contained herein. Any data on past performance or modeling contained herein is not an indication of future p ...

BlackSky Technology Inc. (NYSE:BKSY) Q1 2024 Earnings Conference Call May 8, 2024 8:30 AM ET I would now like to turn the call over to Aly Bonilla, BlackSky's Vice President of Investor Relations. Please go ahead. A replay of this conference call will be available from approximately 12:30 PM Eastern Time today through May 22. Information to access the replay can be found in today's press release. Additionally, a webcast of this earnings call will be available in the investor relations section of our website ...

BlackSky Technology Inc. (BKSY) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to loss of $0.14 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -37.50%. A quarter ago, it was expected that this company would post a loss of $0.09 per share when it actually produced a loss of $0.05, delivering a surprise of 44.44%.Over the last four quarters, the company ha ...

BLACKSKY REPORTS FIRST QUARTER 2024 RESULTS Q1 Total Revenue Increases 32% Over Prior Year Period Company Wins $30 Million in New Contracts and Renewal Agreements First Quarter Financial Highlights: "Strong execution combined with growing global demand for our space-based intelligence solutions drove a 32% increase in first quarter revenues versus the prior year period," said Brian E. O'Toole, BlackSky CEO. "We continue to demonstrate strong operating leverage progressing toward sustainable long-term profit ...

The market expects BlackSky Technology Inc. (BKSY) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to ...

Basis for Opinion PART I. FINANCIAL INFORMATION ITEM 1. FINANCIAL STATEMENTS | --- | --- | --- | --- | --- | |--------------------------------------------------------------------------------------------------------|-------|----------------------|----------|------------| | | | Years Ended \n2023 | December | 31, \n2022 | | Revenue | | | | | | Imagery & software analytical services | $ | 65,391 | $ | 47,415 | | Professional & engineering services | | 29,101 | | 17,935 | | Total revenue | | 94,492 | | 65,350 | ...