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0.00794871794871783 0.00427350427350418 0.00726495726495722 0.00615384615384604 0.00427350427350418 0.00427350427350418 0.0128205128205127 0.0128205128205127
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BlackSky Reports First Quarter 2024 Results [Yahoo! Finance]

BlackSky Technology Inc. Class A (BKSY) 
Company Research Source: Yahoo! Finance
HERNDON, Va., May 08, 2024 BUSINESS WIRE )--BlackSky Technology Inc. ("BlackSky" or the "Company") (NYSE: BKSY) announced results for the first quarter ended March 31, 2024. First Quarter Financial Highlights: Revenue of $24.2 million, up 32% from the prior year quarter Imagery & software analytical services revenue grew 13% over the prior year quarter Cost of sales, as a percent of revenue, related to imagery & software analytical services improved to 19% from 23% in the prior year quarter "Strong execution combined with growing global demand for our space-based intelligence solutions drove a 32% increase in first quarter revenues versus the prior year period," said Brian E. O'Toole, BlackSky CEO. "We continue to demonstrate strong operating leverage progressing toward sustainable long-term profitable growth. During the first quarter we secured a number of new contracts and renewals agreements totaling $30 million, from both U.S. and international government customers. The Show less Read more
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