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Intuitive Machines rises on higher fourth-quarter revenue

ReutersMar 24, 2025 1:40 PM

Shares of space startup Intuitive Machines LUNR.O rise 19.5% to $8.47 in early trading

LUNR posts fourth-quarter revenue of $54.6 million compared with $30.7 million a year earlier

Co says IM-3, its third moon lander mission, remains on track, which is expected roughly one year from now

Earlier this month, LUNR's second moon lander, Athena, landed on its side after problems with its laser rangefinders, similar to its first attempt last year

Up to last close, stock had fallen 61%

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