| --- | --- | --- | |------------------------------------------------------|-------|-------| | | | | | | | | | | | | | THIRD QUARTER 2024 INVESTOR UPDATE November 14, 2024 | | | | | | | TODAY'S PRESENTERS Steve Altemus CO-FOUNDER, PRESIDENT & CHIEF EXECUTIVE OFFICER Pete McGrath CHIEF FINANCIAL OFFICER | --- ...

HOUSTON, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, “Intuitive Machines,” or the “Company”), a leading space exploration, infrastructure, and services company, today announced its financial results for the third quarter ended September 30, 2024. Intuitive Machines CEO Steve Altemus said, “Intuitive Machines had a very strong third quarter highlighted by key wins, revenue growth, and the largest cash balance in Company history. Throughout the quarter, we continued to focus on o ...

Intuitive Machines, Inc. (LUNR) is slated to report third-quarter 2024 results on Nov. 14, before market open.  See the Zacks Earnings Calendar to stay ahead of market-making news. The Zacks Consensus Estimate for third-quarter revenues is pegged at $52.4 million, implying 311.4% growth from the year-ago quarter's reported figure. The consensus mark for third-quarter earnings is pegged at a loss of 13 cents per share, suggesting an improvement from a loss of 22 cents in the prior-year quarter. The bottom-li ...

Core Viewpoint - Intuitive Machines, Inc. will release its financial results for Q3 2024 on November 14, 2024, before market opening, followed by a conference call at 8:30 am ET to discuss the results [1]. Company Overview - Intuitive Machines is a diversified space exploration, infrastructure, and services company focused on disrupting lunar access economics [3]. - In 2024, the company successfully landed its Nova-C class lunar lander, Odysseus, on the Moon, marking the return of the United States to the lunar surface for the first time since 1972 [3]. - The company's offerings are categorized into four in-space business units: Lunar Access Services, Orbital Services, Lunar Data Services, and Space Products and Infrastructure [3].

Intuitive Machines, Inc.'s (LUNR) shares have surged a massive 179.9% in the year-to-date period, in contrast to the Zacks Aerospace-Defense industry's fall of 2.5%. It has also outperformed the broader Zacks Aerospace sector's rise of 4.8%. It also outpaced the S&P 500's surge of 20% in the same period. LUNR rides on its wellestablished position as a provider of lunar space products and services, along with the growing program funding from the U.S. government for space exploration. Other defense players su ...

An exciting theme is emerging within the industrial sector as several small-cap stocks battle for dominance in the aerospace and defense industry, particularly in the space race. Space investors today have many choices, ranging from established defense titans to narrowly focused start-ups. Morgan Stanley forecasts the space industry could reach $1 trillion by 2040, presenting immense growth potential. However, the path to success is filled with risks, as even the most advanced players face setbacks while br ...

The space exploration company got a huge contract award from NASA in September. Shares of Intuitive Machines (LUNR -3.24%) soared 62% higher in September, according to data provided by S&P Global Market Intelligence. The space exploration company completed its first lunar mission earlier this year, and in September a multibillion-dollar contract award from NASA propelled the stock higher. A big contract win for Intuitive Machines On Sept. 17, NASA awarded Intuitive Machines a Near Space Network contract wit ...

These two growth stocks have plenty of room to run. Growth stocks have consistently outperformed most other asset classes in recent years, cementing their place as essential components of well-balanced portfolios. Their potential for high rewards, however, comes with increased risk. Savvy investors can capitalize on growth opportunities while minimizing unnecessary risk by targeting companies with a compelling investment thesis, a solid financial foundation, and a top-tier management team. Intuitive Machine ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Whi ...

Intuitive Machines NASDAQ: LUNR is a small-cap space stock that has one massively ambitious long-term goal among its priorities: helping to create human settlements on the moon. The company has over tripled in value this year, and analysts still see upside in the name. I'll break down the company's technology and why its shares jumped over 70% in two days last week. Get Intuitive Machines alerts: Intuitive Machines Lands NASA Contract Worth Up to $4.8 Billion Intuitive Machines Today LUNR Intuitive Machines ...