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Intuitive Machines(LUNR) - 2024 Q2 - Quarterly Results
LUNRIntuitive Machines(LUNR)2024-08-13 11:33

Exhibit 99.1 Intuitive Machines Reports Second Quarter 2024 Financial Results; Raises Low-end of 2024 Revenue Outlook • Achieved $41.4 million of revenue in Q2, up 130% YoY; $114.5 million year to date, more than all of 2023 • Raised low-end of full-year 2024 revenue outlook to $210 - $240 million, resulting in 2.6x - 3x prior year sales • Q2 ending cash balance and milestone payments on existing contracts expected to be suf icient to fund operations through the next 12 months • Currently zero debt on the b ...