Financial Performance - SatixFy Communications Ltd. reported a quarterly loss of $0.12 per share, slightly better than the Zacks Consensus Estimate of a loss of $0.13, and an improvement from a loss of $0.14 per share a year ago, representing an earnings surprise of 7.69% [1] - The company posted revenues of $4.91 million for the quarter ended March 2025, exceeding the Zacks Consensus Estimate by 40.34%, compared to revenues of $1.91 million in the same quarter last year [2] Stock Performance - SatixFy Communications Ltd. shares have increased by approximately 90.9% since the beginning of the year, while the S&P 500 has declined by 0.6% [3] - The current consensus EPS estimate for the upcoming quarter is -$0.11 on revenues of $5.5 million, and for the current fiscal year, it is -$0.37 on revenues of $31 million [7] Industry Outlook - The Satellite and Communication industry, to which SatixFy belongs, is currently ranked in the bottom 22% of over 250 Zacks industries, indicating potential challenges ahead [8] - The performance of SatixFy Communications Ltd. may be influenced by the overall outlook of the industry, as empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions [5][8]
SatixFy Communications Ltd. (SATX) Reports Q1 Loss, Tops Revenue Estimates