Satellogic FY EPS $(0.68) Down From $(0.66) YoY, Sales $10.07M Up From $6.01M YoY
Portfolio Pulse from Benzinga Newsdesk
Satellogic (NASDAQ:SATL) reported a quarterly EPS loss of $(0.68), a slight decrease from $(0.66) YoY. Sales increased by 67.56% to $10.07M from $6.01M YoY.
April 15, 2024 | 9:14 pm
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NEUTRAL IMPACT
Satellogic reported a slight increase in losses per share but a significant increase in sales year-over-year.
The slight increase in losses per share may concern investors, but the significant increase in sales indicates strong revenue growth, which could be seen positively. The mixed results make the short-term impact on the stock price uncertain, hence a neutral score.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100