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Intuitive Machines reports third-quarter revenue of $58.48 million, beating analyst estimates of $50.89 million

Benzinga11-14

Intuitive Machines reported third-quarter revenue of $58.48 million, beating analyst estimates of $50.89 million, according to Benzinga Pro. Total revenue was up 359% on a year-over-year basis.

The company reported a net loss of $80.44 million, versus net income of $14.31 million in the prior year’s quarter. Backlog grew to $316.2 million in the quarter, the highest in company history. Intuitive Machines ended the quarter with $89.6 million in cash.

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  • Rollinrock
    ·11-16
    cashed in at $12. Will buy again at $6[Grin]  
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