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Stock impact report

Stonegate Capital Partners Updates Coverage on BlackSky Technology, Inc. (BKSY) 3Q25 [Yahoo! Finance]

BlackSky Technology Inc. Class A (BKSY) 
Company Research Source: Yahoo! Finance
updates their coverage on BlackSky Technology, Inc. (NYSE: BKSY). BKSY reported revenue, adj EBITDA, and EPS of $19.6M, ($4.5)M, and ($0.44), respectively. This compares to our/consensus estimates of $29.9M/$28.6M, $3.2M/$1.9M, and ($1.06)/($0.36). Imagery and Software Analytical Services revenue decreased to $15.8M, down 8.6% y/y, primarily due to the expected reduction in NRO EOCL tasking and broader U.S. government budget uncertainties that weighed on near-term imagery orders. Professional and Engineering Services revenue declined to $3.8M from $5.2M in 2Q24, largely due to project timing and milestone-based revenue recognition. Adj. EBITDA saw a loss of ($4.5M) versus a $0.7M profit in the prior year, driven by lower EOCL revenues and the inclusion of overhead associated with the LeoStella. Consolidated gross margins fell to 65.3%, a decrease from 70.5% in 3Q24. To view the full announcement, including downloadable images, bios, and more, click here Key Takeaways: Revenue $1 Show less Read more
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