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Sidus Space | 8-K: SIDUS SPACE REPORTS SECOND QUARTER 2024 FINANCIAL RESULTS AND PROVIDES BUSINESS UPDATE

Sidus Space | 8-K: SIDUS SPACE REPORTS SECOND QUARTER 2024 FINANCIAL RESULTS AND PROVIDES BUSINESS UPDATE

Sidus Space | 8-K:SIDUS SPACE公布2024年第二季度财务业绩并提供业务最新情况
美股SEC公告 ·  08/20 12:58
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Sidus Space, Inc. (NASDAQ: SIDU), a Space Infrastructure-as-a-Service company, announced its financial results for the second quarter ended June 30, 2024, along with a business update. The company reported a decrease in total revenue to approximately $930,000, down from the previous year's quarter, primarily due to delays in satellite contract payments and timing of fixed price manufacturing milestones. Cost of revenue saw a significant increase, resulting in a negative gross profit margin of (91%). The net loss for the quarter was $4.1 million, an increase from the $3.5 million net loss in Q2 2023. Operational highlights included the successful commissioning of the company's first LizzieSat-1 satellite, the development of LizzieSat-2 and 3, and various partnerships and agreements to expand services and market reach. The...Show More
Sidus Space, Inc. (NASDAQ: SIDU), a Space Infrastructure-as-a-Service company, announced its financial results for the second quarter ended June 30, 2024, along with a business update. The company reported a decrease in total revenue to approximately $930,000, down from the previous year's quarter, primarily due to delays in satellite contract payments and timing of fixed price manufacturing milestones. Cost of revenue saw a significant increase, resulting in a negative gross profit margin of (91%). The net loss for the quarter was $4.1 million, an increase from the $3.5 million net loss in Q2 2023. Operational highlights included the successful commissioning of the company's first LizzieSat-1 satellite, the development of LizzieSat-2 and 3, and various partnerships and agreements to expand services and market reach. The company also achieved recertification of ISO 9001:2015 and AS9100D quality designation. A conference call and webcast were scheduled to discuss the results. The company emphasized its mission of Bringing Space Down to Earth™ and its vision to enable space flight heritage status for new technologies while delivering data and predictive analytics to customers worldwide.
卫星空间股份有限公司(纳斯达克:SIDU),一家太空制造业-半导体的基础设施服务公司,宣布2024年6月30日截止第二季度的财务结果,并发布了业务更新。由于卫星合同付款延迟和固定价格制造里程碑的时间因素,公司报告的总营业收入减少至约$930,000,较上年同季度下降。成本支出大幅增加,导致毛利率为负(-91%)。本季度净亏损为$410万,较2023年Q2净亏损$350万提高。运营亮点包括公司成功委托了其首个LizzieSat-1卫星、开发LizzieSat-2和LizzieSat-3以及多个扩展服务和市场覆盖率的合作伙伴协议。公司还实现了ISO 9001:2015和AS9100D质量认证的重新认证。会议通话和网络直播已安排讨论结果。公司强调其使命为将太空带到地球™,并实现为新技术提供航天传统地位,同时向全球客户提供数据和预测性分析。
卫星空间股份有限公司(纳斯达克:SIDU),一家太空制造业-半导体的基础设施服务公司,宣布2024年6月30日截止第二季度的财务结果,并发布了业务更新。由于卫星合同付款延迟和固定价格制造里程碑的时间因素,公司报告的总营业收入减少至约$930,000,较上年同季度下降。成本支出大幅增加,导致毛利率为负(-91%)。本季度净亏损为$410万,较2023年Q2净亏损$350万提高。运营亮点包括公司成功委托了其首个LizzieSat-1卫星、开发LizzieSat-2和LizzieSat-3以及多个扩展服务和市场覆盖率的合作伙伴协议。公司还实现了ISO 9001:2015和AS9100D质量认证的重新认证。会议通话和网络直播已安排讨论结果。公司强调其使命为将太空带到地球™,并实现为新技术提供航天传统地位,同时向全球客户提供数据和预测性分析。
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