Intuitive Machines Q2 revenue $18M, operating loss $13.2M; withdraws FY 2023 guidance

Intuitive Machines, Inc.

2023-Q2 EPS reported $0.83 revenue$36,229,000

Revenue of $18.0M, down from $19.2M in prior year; operating loss of $13.2M vs $2.2M loss.
Backlog of $137.3M; cash balance $39.1M at quarter end.
Withdrew full-year 2023 guidance due to government acquisition delays and budget uncertainty.
First lunar mission (IM-1) launch window Nov 15-20; lander fully assembled, ready for shipment by Sept 15.
Submitted over $3B in proposals; awarded NASA OMES III $719M contract and STMD nuclear power award.

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 0.85

Intuitive Machines, Inc. reported second quarter ended June 30, 2023 results: revenue $18.0 million.

Period: second quarter ended June 30, 2023
Revenue: $18.0 million
Result: reported results

Exact text from the filing

the south pole region of the Moon. Second Quarter 2023 Financial and Business Highlights • Contracted backlog of $137.3 million at quarter-end. • Second quarter 2023 revenue of $18.0 million, driven primarily by three NASA Commercial Lunar Payload Services (CLPS) initiative contracts within the Company’s lunar access services, compared to $19.2 million in the prior

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Source: SEC EDGAR

accession 0001844452-23-000041

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