BlackSky Technology

Blacksky Technology, Inc. engages in the provision of real-time geospatial intelligence, imagery and related data analytic products and services, and mission systems. It monitors activities and facilities worldwide by harnessing the world's emerging sensor networks and leveraging its own satellite constellation. The company was founded on June 15, 2018 and is headquartered in Herndon, VA.

Earnings data Q3 2021

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Earnings data Q3 2023

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Earnings data Q3 2024

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BlackSky Technology reports strong revenue growth and profitability outlook

BlackSky Technology demonstrated robust financial growth in 2022, securing major contracts and achieving significant revenue increases.
While facing challenges in reaching positive adjusted EBITDA, the company's focus on margin improvement and cost management positions it for profitability in 2023.
With a strong revenue outlook, technological advancements, and international market opportunities, BlackSky is poised for continued success and expansion.

BlackSky Technology reports stellar Q1 results and aims for profitability

BlackSky Technology's Q1 2023 performance reflects robust revenue growth, operational efficiency, and strategic financial management.
While facing challenges in achieving profitability, the company's focus on EBITDA improvement and revenue growth signals a proactive approach to long-term success.
Overall, BlackSky Technology's strong financial position, revenue growth trajectory, and strategic initiatives position it well for future opportunities and sustained growth.

BlackSky Technology excels in Q2, eyes profitability and satellite innovation

BlackSky Technology's Q2 performance showcased revenue growth and operational improvements.
While facing challenges in certain revenue segments, the company is focused on achieving profitability.
The company's strong financial position and strategic initiatives position it well for future growth.
With a positive revenue outlook and technological advancements, BlackSky is poised for continued success.

BlackSky Technologies reports record Q3 revenues and positive outlook

BlackSky Technologies demonstrated robust financial performance in Q3 2023, marked by revenue growth, improved cost management, and positive net income.
While facing challenges such as capital expenditures and adjusted EBITDA losses, the company's strengths in contract bookings and revenue diversification provide a solid foundation for future growth.
Opportunities lie in upcoming satellite launches, industry recognition, and the potential for sustained profitability in Q4.
Overall, BlackSky's financial outlook remains positive, supported by a strong balance sheet and strategic growth initiatives.

BlackSky Technologies achieves record revenues, eyes global expansion and innovation

BlackSky Technologies had a remarkable year in 2023, marked by record revenues, international expansion, and positive EBITDA, setting a strong foundation for future growth.
The company's focus on innovation, AI capabilities, and global market presence positions them well to capitalize on opportunities in the satellite imaging and analytics sector.
While facing challenges in sustaining growth and navigating international markets, BlackSky's strategic initiatives and technological advancements offer promising prospects for continued success.

BlackSky Technology excels in Q1 2024, poised for sustained growth

BlackSky Technology's Q1 2024 performance reflects strong revenue growth, operational efficiency, and strategic advancements. With a focus on Gen-3 satellite production, AI capabilities, and government partnerships, the company is poised for sustained growth and market leadership in the space technology sector.

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Blacksky Technology, Inc. is a space-based intelligence company, which engages in the business of delivering real-time imagery, analytics, and high-frequency monitoring of most critical and strategic locations, economic assets, and events. The firm is also involved in providing geospatial intelligence, imagery and related data analytic products and services, and mission systems that include the development, integration, and operation of satellite and ground systems to government and commercial customers. The company was founded in 2014 and is headquartered in Herndon, VA.

Dallas, Texas--(Newsfile Corp. - November 8, 2024) - BlackSky Technology, Inc. (NYSE: BKSY): Stonegate Capital Partners updates their coverage on BlackSky Technology, Inc. (NYSE: BKSY). BlackSky reported revenue, adj EBITDA, and EPS of $22.5M, $0.7M, and ($0.66), respectively.

Stonegate Updates Coverage on BlackSky Technology, Inc. (BKSY) 3Q24

Blacksky Technology Inc. (NYSE:BKSY ) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants Aly Bonilla - Vice President-Investor Relations Brian O'Toole - President and Chief Executive Officer Henry Dubois - Chief Financial Officer Conference Call Participants Jaeson Schmidt - Lake Street Scott Buck - H.C. Wainwright Josh Sullivan - Benchmark Company Jeff Van Rhee - Craig-Hallum Dave Storms - Stonegate Caleb Henry - Quilty Space Operator Good morning, ladies and gentlemen, welcome to BlackSky Technology's Third Quarter 2024 Earnings Conference Call.

Blacksky Technology Inc. (BKSY) Q3 2024 Earnings Call Transcript

BlackSky Technology Inc. (BKSY) came out with a quarterly loss of $0.66 per share versus the Zacks Consensus Estimate of a loss of $0.61. This compares to loss of $0.96 per share a year ago.

BlackSky Technology Inc. (BKSY) Reports Q3 Loss, Lags Revenue Estimates

HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #earnings--BlackSky Technology Inc. (“BlackSky” or the “Company”) (NYSE: BKSY) announced results for the third quarter ended September 30, 2024. Third Quarter Financial Highlights: Revenue of $22.5 million, up 6% from the prior year quarter Imagery & software analytical services revenue grew 13% over the prior year quarter Imagery & software analytical services cost of sales(1), as a percent of revenue, improved to 21% from 23% in the prior year quarter “We delivered.

BlackSky Reports Third Quarter 2024 Results

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The mean of analysts' price targets for BlackSky Technology (BKSY) points to a 134.2% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts See a 134.17% Upside in BlackSky Technology (BKSY): Can the Stock Really Move This High?

Investors love to see revenue acceleration and this company is going to see growth of 14% this year and almost 25% next year.

Bull Of The Day: BlackSky Technology (BKSY)

BlackSky Technology (BKSY) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

BlackSky Technology Inc. (BKSY) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release

BlackSky Technology (BKSY) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.

BlackSky Technology (BKSY) Soars 6.1%: Is Further Upside Left in the Stock?

TUKWILA, Wash.--(BUSINESS WIRE)---- $BKSY #artificialintelligence--The Space Development Agency has selected LeoStella and BlackSky to support the Hybrid Acquisition for Proliferated Low-Earth Orbit program.

LeoStella and BlackSky Selected for Space Development Agency Hybrid Acquisition for Proliferated Low-Earth Orbit program

The consensus price target hints at a 175.9% upside potential for BlackSky Technology (BKSY). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts Think BlackSky Technology (BKSY) Could Surge 175.94%: Read This Before Placing a Bet

HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #earnings--BlackSky Technology Inc. (NYSE: BKSY) will host a conference call to discuss third quarter 2024 financial results and its business outlook on Thursday, November 7, 2024, at 8:30 a.m. EST. A press release with BlackSky's financial results will be released in advance of the conference call that same day. To access the live webcast or the archived webcast following completion of the call, please click here or visit the company's investor relations website at http://i.

BlackSky to Host Third Quarter 2024 Results Conference Call

HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #artificialintelligence--BlackSky won a seven-figure contract to deliver non-Earth Imaging services supporting a customer's Space Domain Awareness capabilities.

BlackSky Wins Seven-Figure Contract for Advanced Space Domain Awareness Solutions

Strength Seen in BlackSky Technology (BKSY): Can Its 8.8% Jump Turn into More Strength?

HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #artificialintelligence--BlackSky wins five-year NGA Luno A contract valued up to $290 million to monitor global economic activity and military capability.

BlackSky Wins Five-Year NGA Luno A Contract Valued Up to $290 Million to Monitor Global Economic Activity and Military Capability

HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #artificialintelligence--BlackSky wins nearly $6 million contract expansion with legacy international defense customer for Assured, high-frequency satellite imagery services.

BlackSky Wins Approximately $6 Million Contract Expansion with Legacy International Defense Sector Customer for Assured, High-Frequency Satellite Imagery Services

HERNDON, Va.--(BUSINESS WIRE)---- $BKSY--BlackSky Technology Inc. (NYSE: BKSY) today announced the closing on September 26, 2024 of its previously announced underwritten public offering of 10,000,000 shares of its Class A common stock (“common stock”) at a price to the public of $4.00 per share. In addition, on September 27, 2024, the underwriters fully exercised their option to purchase an additional 1,500,000 shares of common stock. BlackSky received total gross proceeds of approximately $46 million fr.

BlackSky Announces Closing of Public Offering of Common Stock

HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #artificialintelligence--BlackSky wins U.S. Navy contract for Gen-3 intersatellite links, giving troops real-time access to imagery during time-sensitive military operations.

BlackSky Wins U.S. Navy Research Contract for Gen-3 Advanced Optical Intersatellite Links

HERNDON, Va.--(BUSINESS WIRE)---- $BKSY--BlackSky Technology Inc. (NYSE: BKSY) today announced the pricing of an underwritten public offering of 10,000,000 shares of its Class A common stock (“common stock”) at a price to the public of $4.00 per share. All of the shares in the offering are being sold by BlackSky. The gross proceeds to BlackSky from the offering, before deducting the underwriting discounts and commissions and other offering expenses, are expected to be approximately $40 million. The offer.

BlackSky Announces Pricing of Upsized $40 Million Public Offering of Common Stock

HERNDON, Va.--(BUSINESS WIRE)---- $BKSY--BlackSky Technology Inc. (NYSE: BKSY) today announced that it intends to offer shares of its Class A common stock (“common stock”) for sale in an underwritten public offering. All of the shares in the offering are being offered by BlackSky. BlackSky intends to grant the underwriters a 30-day option to purchase up to an additional 15% of the number of shares of its common stock in the underwritten public offering. The offering is subject to market and other conditi.

BlackSky Announces Proposed Public Offering of Common Stock

PARIS--(BUSINESS WIRE)---- $BKSY #artificialintelligence--BlackSky wins prestigious 2024 Novaspace Leading Earth Observation Business Award at World Space Business Week in Paris.

BlackSky Wins 2024 Novaspace Leading Earth Observation Business Award at World Space Business Week

HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #artificialintelligence--BlackSky awarded space domain awareness contract with HEO and unlocks additional constellation value by revolutionizing non-Earth imaging missions.

BlackSky Awarded Space Domain Awareness Contract with HEO and Unlocks Additional Constellation Value by Revolutionizing Non-Earth Imaging Missions

HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #artificialintelligence--NASA taps BlackSky for rapid-revisit satellite imagery to support Earth and applied science research under multi-year IDIQ valued up to $476 million.

NASA Selects BlackSky for Time-Diverse, Rapid-Revisit Satellite Imagery to Support Earth and Applied Science Research

HERNDON, Va.--(BUSINESS WIRE)---- $BKSY--BlackSky Technology Inc. (“BlackSky”) (NYSE: BKSY), today announced that its Board of Directors has approved a 1-for-8 reverse stock split (the “Reverse Stock Split”) of BlackSky's Class A common stock, par value $0.0001 per share (the “Class A Common Stock”). The Reverse Stock Split was approved by BlackSky's stockholders at BlackSky's annual meeting of stockholders held virtually earlier today. The Reverse Stock Split will be effective at 4:15 p.m. Eastern Time.

BlackSky Announces 1-for-8 Reverse Stock Split of Class A Common Stock

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To understand the allure of buying the best stocks under $10, it's a good idea to go back to basics. A stock's price reflects how much you pay for one dollar of a company's earnings.

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