Blacksky Technology Inc reports results for the quarter ended December 31 - Earnings Summary

• Blacksky Technology Inc BKSY.N reported a quarterly adjusted loss of 99 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -24 cents. The mean expectation of nine analysts for the quarter was for a loss of 31 cents per share. Wall Street expected results to range from -43 cents to -10 cents per share.

• Revenue fell 14.5% to $30.37 million from a year ago; analysts expected $34.22 million.

• Blacksky Technology Inc's reported EPS for the quarter was a loss of $1.01​.

• The company reported a quarterly loss of $19.23 million.

• Blacksky Technology Inc shares had risen by 22.3% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the communications & networking peer group is also "buy"

Wall Street's median 12-month price target for Blacksky Technology Inc is $17.50

This summary was machine generated from LSEG data March 6 at 02:33 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)