BlackSky Technology (BKSY) Newsfile·2025-03-07 14:16Core Insights - BlackSky Technology, Inc. (NYSE: BKSY) reported revenue of $30.4 million, adjusted EBITDA of $7.4 million, and EPS of ($1.01), which fell short of consensus estimates of $38.7 million, $7.7 million, and ($0.43) respectively [1] - This marks the fifth consecutive quarter of positive adjusted EBITDA for the company [1] - The Imagery and Software Analytics segment generated revenue of $17.5 million, a decrease of $1.6 million from the prior year, attributed to an upfront delivery of approximately $2.0 million in images for a previous project [1] - The Professional and Engineering segment reported revenue of $12.9 million in Q4 2024, showing a sequential increase due to approximately $7.0 million in deliverables under the Indonesian contract [1] - Consolidated gross margins improved to 77.4%, up from 66.2% in Q3 2024 [1] - Adjusted EBITDA significantly improved to $11.6 million from $(1.0 million) posted last year [1] Future Outlook - BlackSky has successfully launched its first Gen-3 satellite, which began delivering imagery that exceeded customer expectations for initial image quality [6] - The company has been awarded several nine-figure multi-year contracts, with one spanning 7 years [6] - For FY25, BlackSky set its revenue guidance in the range of $125.0 million to $142.0 million, driven by substantial multi-year sales opportunities [6]