Intuitive Machines Q4 Sales $30.56M Beat $22.20M Estimate
Portfolio Pulse from Benzinga Newsdesk
Intuitive Machines (NASDAQ:LUNR) reported Q4 sales of $30.56 million, surpassing the analyst consensus estimate of $22.20 million by 37.66%. However, this represents a 19.55% decrease from the $37.99 million sales reported in the same period last year.
March 21, 2024 | 11:34 am
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Intuitive Machines reported Q4 sales of $30.56 million, exceeding estimates by 37.66% but showing a 19.55% YOY decrease.
The significant beat on sales estimates is likely to be viewed positively by investors, potentially leading to a short-term uptick in LUNR's stock price. However, the year-over-year decrease in sales might temper some of the enthusiasm, suggesting a mixed but overall positive short-term impact.
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