BlackSky Technology Q1 2024 Earnings Report

BlackSky Technology EPS Results

• Actual EPS: -$0.88
• Consensus EPS: -$0.64
• Beat/Miss: Missed by -$0.24
• One Year Ago EPS: N/A

BlackSky Technology Revenue Results

• Actual Revenue: $24.24 million
• Expected Revenue: $25.02 million
• Beat/Miss: Missed by -$780.00 thousand
• YoY Revenue Growth: N/A

BlackSky Technology Announcement Details

• Quarter: Q1 2024
• Date: 5/8/2024
• Time: N/A

BlackSky Technology (NYSE:BKSY) provides 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 for government and commercial customers in North America, the Middle East, the Asia Pacific, and internationally. The company's Spectra software platform processes a range of observations from its satellite constellation and various external data sources, including imaging, radar and radio frequency satellites, environmental sensors, asset tracking sensors, Internet-of-Things (IoT) connected devices, internet-enabled narrative sources, and a variety of geotemporal data feeds. It offers a range of services related to object, change and anomaly detection, site monitoring, and enhanced analytics, which helps to detect key pattern of life changes in critical locations, including strategic locations and infrastructure comprising ports, airports, and construction sites; retail activity; commodities stockpiles; and other sites that contain critical commodities and supply chain inventory. In addition, the company develops and delivers satellites and payload systems; and provides professional and engineering services. Its products and services are used in national security, supply chain intelligence, crisis management, critical infrastructure monitoring, economic intelligence, and other applications. BlackSky Technology Inc. was incorporated in 2018 and is headquartered in Herndon, Virginia.