BlackSky Technology

Blacksky Technology, Inc. engages in the provision of real-time geospatial intelligence, imagery and related data analytic products and services, and mission systems. It monitors activities and facilities worldwide by harnessing the world's emerging sensor networks and leveraging its own satellite constellation. The company was founded on June 15, 2018 and is headquartered in Herndon, VA.

Earnings data Q1 2024

BlackSky Technology reports robust Q1 performance and strengthens balance sheet

BlackSky Technology's Q1 2023 earnings call showcased robust financial performance, underpinned by significant revenue growth and improved EBITDA loss. The amendment to the debt facility and reaffirmation of full-year guidance signal a strengthened balance sheet and confidence in future prospects. However, challenges related to achieving positive adjusted EBITDA and maintaining a balanced revenue mix require strategic focus.

BlackSky Technology reports strong Q2 earnings, widens revenue outlook

BlackSky Technology's Q2 2023 Earnings Call highlighted strong performance, international demand, and technological advancements. The company faces challenges in managing satellite expansion and financial targets but sees opportunities in widening revenue outlook and investor engagement.

BlackSky Technologies Achieves Record Q3 Revenue, Eyes Space-Based Intelligence Demand

BlackSky Technologies reported record revenues and strong operating leverage, with a focus on space-based intelligence. The company faces the challenge of meeting revenue targets and successfully executing its Gen 3 satellite program. However, it has significant opportunities to capitalize on the growing demand for its services and achieve positive adjusted EBITDA in Q4.

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Blacksky Technology, Inc. is a space-based intelligence company, which engages in the business of delivering real-time imagery, analytics, and high-frequency monitoring of most critical and strategic locations, economic assets, and events. The firm is also involved in providing 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 to government and commercial customers. The company was founded in 2014 and is headquartered in Herndon, VA.

HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #earnings--BlackSky Technology Inc. (NYSE: BKSY) will host a conference call to discuss first quarter 2024 financial results and its business outlook on Wednesday, May 8, 2024, at 8:30 a.m. EDT. A press release with BlackSky's financial results will be released in advance of the conference call that same day. To access the live webcast or the archived webcast following completion of the call, please click here or visit the company's investor relations website at http://ir.bl.

BlackSky to Host First Quarter 2024 Results Conference Call

BlackSky Technology is developing space intelligence solutions, including a satellite constellation and space-based data analytics platform. The company's stock performance has been disappointing, losing over 88% of its value since its SPAC completion in 2021. Despite weak profitability and cash flow losses, the demand for BlackSky's solutions is strong, with major contract wins driving future revenue growth potential.

BlackSky Technology Appears Undervalued Despite Recent Major Contract Wins

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HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #artificialintelligence--BlackSky wins competitive $24 million Air Force Research Laboratory contract for global moving target engagement.

BlackSky Wins Competitive $24 Million Air Force Research Laboratory Contract for Global Moving Target Engagement

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HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #artificialintelligence--BlackSky nominated for 2023 Satellite Technology of the Year Award for BlackSky Spectra, the company's tasking, AI and automated analytics platform.

BlackSky Spectra® Nominated for Via Satellite's 2023 Satellite Technology of the Year Award

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HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #artificialintelligence--BlackSky won a multi-million dollar U.S. DoD contract to collect and annotate thousands of burst images to train artificial intelligence models.

BlackSky Wins Multi-Million Dollar Contract in Support of U.S. Department of Defense Moving Target Study

BlackSky Technology Inc. (BKSY) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.09. This compares to loss of $0.13 per share a year ago.

BlackSky Technology Inc. (BKSY) Reports Q4 Loss, Tops Revenue Estimates

HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #earnings--BlackSky Technology Inc. (“BlackSky” or the “Company”) (NYSE: BKSY) announced results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter Financial Highlights: Revenue of $35.5 million, up 83% from the prior year quarter Imagery & software analytical services revenue grew 18% over the prior year quarter Cost of sales, as a percent of revenue, related to imagery & software analytical services improved to 17% from 24% in the prior ye.

BlackSky Reports Fourth Quarter and Full Year 2023 Results

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HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #artificialintelligence--BlackSky wins $50 million in contracts for Gen-3 capabilities and services to accelerate sovereign space capabilities for Indonesian Defense Ministry.

BlackSky Wins Approximately $50 Million in Multi-Year Contracts for Gen-3 Capabilities and Services to Accelerate Sovereign Space Capabilities for Indonesian Ministry of Defense

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HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #earnings--BlackSky Technology Inc. (NYSE: BKSY) will host a conference call to discuss fourth quarter and full year 2023 financial results and its business outlook on Wednesday, February 28, 2024, at 8:30 a.m. EST. A press release with BlackSky's financial results will be released in advance of the conference call that same day. To access the live webcast or the archived webcast following completion of the call, please click here or visit the company's investor relations we.

BlackSky to Host Fourth Quarter and Full Year 2023 Results Conference Call

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HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #artificialintelligence--IARPA selects BlackSky Spectra® software platform as leading space-based AI approach for bringing speed and scalability to broad area search mission.

IARPA Selects BlackSky Spectra® Software Platform as Leading Space-Based AI Approach for Bringing Speed and Scalability to Broad Area Search Mission

HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #artificialintelligence--BlackSky to provide Indonesian Defense Ministry with immediate access to real-time imagery and analytics via $1 million plus contract with PT Len.

BlackSky Wins Initial Task Order Exceeding $1 Million Against New Multi-Year Contract to Deliver Space-based Intelligence Capabilities to Indonesian Ministry of Defense

HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #earnings--BlackSky Technology Inc. (NYSE: BKSY) will participate in three upcoming investor events in December: Morgan Stanley 6th Annual Space Summit Date: Tuesday, December 5, 2023 Location: New York City, NY Benchmark Company 12th Annual Discovery One-on-One Investor Conference Date: Thursday, December 7, 2023 Location: New York City, NY Bank of America Space, Transportation, Aviation, Research Summit (STARS) 2023 Date: Wednesday, December 13, 2023 Location: Virtual For.

BlackSky to Participate at Three Upcoming Investor Conferences

BlackSky Technology Inc. (NYSE:BKSY ) Q3 2023 Earnings Conference Call November 8, 2023 8:30 AM ET Company Participants Aly Bonilla - VP of IR Brian O'Toole - CEO Henry Dubois - CFO Conference Call Participants Jaeson Schmidt - Lake Street Edison Yu - Deutsche Bank Josh Sullivan - Benchmark Company Jeff Van Rhee - Craig Hallum Greg Mesniaeff - WestPark Capital Griffin Boss - B. Riley Securities FBR Operator Good morning, ladies and gentlemen, and welcome to BlackSky Technology's Third Quarter 2023 Earnings Conference Call.

BlackSky Technology Inc. (BKSY) Q3 2023 Earnings Call Transcript

Satellite imagery venture BlackSky delivered its first quarterly profit on Wednesday, as the company works to keep up momentum into the end of the year.

Satellite imagery company BlackSky ekes out first quarterly profit

HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #earnings--BlackSky Technology Inc. (“BlackSky” or the “Company”) (NYSE: BKSY) announced results for the third quarter ended September 30, 2023. Third Quarter Financial Highlights: Revenue of $21.3 million, up 26% from the prior year period Imagery & software analytical services revenue grew 11% over the prior year quarter Cost of sales, as a percent of revenue, related to imagery & software analytical services improved to 23% from 26% in the prior year quarter “Incr.

BlackSky Reports Third Quarter 2023 Results

HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #artificialintelligence--BlackSky makes 2023 Deloitte Technology Fast 500™ list of America's fastest growing companies, growing revenue 377% from fiscal year 2019 until 2022.

BlackSky Makes 2023 Deloitte Technology Fast 500™ List of America's Fastest-Growing Companies

HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #artificialintelligence--BlackSky wins two contracts with legacy MoD customer for real-time imagery and analytics and to explore future multi-sensor space capabilities.

BlackSky Presses International Momentum with Back-to-Back Contracts for Legacy Ministry of Defense Customer

HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #earnings--BlackSky Technology Inc. (NYSE: BKSY) will host a conference call to discuss third quarter 2023 financial results and its business outlook on Wednesday, November 8, 2023, at 8:30 a.m. EST. A press release with BlackSky's financial results will be released in advance of the conference call that same day. To access the live webcast or the archived webcast following completion of the call, please click here or visit the company's investor relations website at http://.

News for BlackSky Technology Stock (BKSY)