Intuitive Machines Q2 Sales $41.408 Miss $46.600M Estimate; Net Income $18.14M Down From $28.866M YoY
Portfolio Pulse from Benzinga Newsdesk
Intuitive Machines (NASDAQ:LUNR) reported Q2 sales of $41.408 million, missing the analyst estimate of $46.600 million. Net income was $18.14 million, down from $28.866 million YoY.
August 13, 2024 | 11:35 am
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Intuitive Machines reported Q2 sales of $41.408 million, missing the analyst estimate of $46.600 million. Net income was $18.14 million, down from $28.866 million YoY.
The significant miss on sales estimates and the YoY decline in net income are likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100