Intuitive Machines Rockets 333% This Year: Is LUNR Ready For Its Next Moonshot?
Intuitive Machines(LUNR) Benzinga·2024-11-15 14:23
Intuitive Machines Inc. LUNR, the space exploration company that made history as the first private entity to land on the moon, has had an astronomical 2024, with its stock up 333% year-to-date. The company's third-quarter earnings reveal the engines of this growth—surging revenues, record backlogs, and a moonshot approach to innovation.For the third quarter, Intuitive Machines reported revenue of $58.48 million, soaring past analyst expectations of $50.89 million and representing a 359% year-over-year incre ...