BlackSky Technology Q2 2024 Adj EPS $(0.06) Beats $(0.09) Estimate, Sales $24.90M Miss $25.37M Estimate
Portfolio Pulse from Benzinga Newsdesk
BlackSky Technology (NYSE:BKSY) reported Q2 2024 adjusted EPS of $(0.06), beating the analyst estimate of $(0.09). However, sales of $24.90M missed the $25.37M estimate. Sales increased by 28.82% year-over-year.
August 08, 2024 | 11:07 am
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POSITIVE IMPACT
BlackSky Technology's Q2 2024 adjusted EPS of $(0.06) beat estimates, but sales of $24.90M missed expectations. Sales increased by 28.82% year-over-year.
The positive EPS surprise is likely to have a more significant short-term impact on the stock price than the slight miss in sales. The year-over-year sales growth of 28.82% is also a positive indicator.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100