Sidus Space Q2 2023 Earnings Report

Sidus Space EPS Results

• Actual EPS: -$7.00
• Consensus EPS: -$6.00
• Beat/Miss: Missed by -$1.00
• One Year Ago EPS: N/A

Sidus Space Revenue Results

• Actual Revenue: $1.37 million
• Expected Revenue: $2.30 million
• Beat/Miss: Missed by -$930.00 thousand
• YoY Revenue Growth: N/A

Sidus Space Announcement Details

• Quarter: Q2 2023
• Date: 8/14/2023
• Time: N/A

Sidus Space (NASDAQ:SIDU), a space-as-a-service company, engages in the design, manufacture, launch, and data collection of commercial satellite worldwide. Its space services include satellite/space hardware manufacturing; Low Earth Orbit (LEO) launch and deployment services; and space-based geospatial intel, imagery, and data analytics. The company also provides platforms, such as External Flight Test Platform (EFTP) which offers multiple industries to develop, test, and fly experiments, hardware, materials, and advanced electronics on the ISS at a reduced cost and schedule; LizzieSat; Space Station Integrated Kinetic Launcher for Orbital Payload Systems; and Phoenix Deployer. In addition, it offers aerospace and defense manufacturing services, including 3D printing; mechanical/electrical assembly and test; design engineering; and program management comprising of supply chain management, customer requirement compliance, logistics and configuration management, resource and budget control, and schedule. It serves commercial space, aerospace, and defense industries, as well as government and commercial customers. The company was founded in 2012 and is headquartered in Merritt Island, Florida. Sidus Space, Inc. is a subsidiary of Craig Technical Consulting, Inc.