BlackSky Q2 revenue $19.3M (+28%); imagery revenue +51%; adj. EBITDA loss narrows to $5.8M; 2023 outlook $84M-$96M

BlackSky Technology Inc.

2023-FY EPS reported -$0.39 revenue$37,724,000

Revenue $19.3M, up 28% YoY; imagery & software analytical services revenue $15.3M, up 51% YoY.
Adjusted EBITDA loss narrowed to $5.8M from $8.8M loss in prior year quarter; on track for positive adj. EBITDA in Q4 2023.
Net loss widened to $33.4M from $26.3M; includes $2.5M expense in professional & engineering services from R&D cost change.
2023 revenue outlook widened to $84M-$96M; full-year capex expected $40M-$45M.
Won over $35M in new contracts since Q2, including a >$30M multi-year renewal with international defense customer; launch deal with Rocket Lab for Gen-3 in 2024.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

BlackSky Technology Inc. reported the second quarter ended June 30, 2023 results: revenue $19.3 million.

Period: the second quarter ended June 30, 2023
Revenue: $19.3 million
Result: reported results

Exact text from the filing

BLACKSKY REPORTS SECOND QUARTER 2023 RESULTS Q2 Imagery and Analytics Revenue Increases 51% from Prior Year Period Company Wins Over $35 Million in Multi-Year Contract Agreements HERNDON, VA – August 9, 2023 – BlackSky Technology Inc. (“BlackSky” or the “Company”) (NYSE: BKSY) announced results for the second quarter ended June 30, 2023. Second Quarter Financial Highlights: • Revenue of $19.3 million, up 28% from the prior year period

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Source: SEC EDGAR

accession 0001753539-23-000067

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