Intuitive Machines Reports Revenue Miss and Wider Loss Despite Record Operational Metrics
Intuitive Machines (NASDAQ:LUNR) reported first-quarter revenue of $186.7 million, below analyst expectations of $200.12 million, despite a nearly threefold year-over-year increase driven by the acquisition of Lanteris. The company posted an adjusted loss per share wider than expected and issued full-year guidance slightly above consensus estimates.
Tickers: $LUNR
Topics: acquisition_impact financial_results stock_performance