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Intuitive Machines Rockets 333% This Year: Is LUNR Ready For Its Next Moonshot?
Benzinga· 2024-11-15 14:23
Intuitive Machines Inc. LUNR, the space exploration company that made history as the first private entity to land on the moon, has had an astronomical 2024, with its stock up 333% year-to-date. The company's third-quarter earnings reveal the engines of this growth—surging revenues, record backlogs, and a moonshot approach to innovation.For the third quarter, Intuitive Machines reported revenue of $58.48 million, soaring past analyst expectations of $50.89 million and representing a 359% year-over-year incre ...
Why Intuitive Machines Stock Was Marching Higher This Week
The Motley Fool· 2024-11-15 02:27
On the back of a share price spike and subsequent sell-off, Intuitive Machines (LUNR -13.01%) was quite the lively stock over the past few trading sessions. The spike and sell-off came on Thursday, with news that the moon exploration craft maker had released its third-quarter results. As of late that evening, its shares were up by 5% week to date, according to data compiled by S&P Global Market Intelligence.A highly respectable rise in revenueThe quarter saw Intuitive, still a relatively early-stage company ...
Intuitive Machines(LUNR) - 2024 Q3 - Quarterly Report
2024-11-15 02:13
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________ Title of each class Trading Symbol(s) Name of each exchange on which registered Class A Common Stock, par value $0.0001 per share LUNR The Nasdaq Stock Market LLC Warrants to purchase one share of Class A Common Stock, each at an exercise price of $11.50 per share LUNRW The Nasdaq Stock Market LLC FORM 10-Q ____________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECU ...
Intuitive Machines: Misguided Stock Sell Off, Still A Buy
Seeking Alpha· 2024-11-14 18:25
If you want full access to all our reports, data and investing ideas, join The Aerospace Forum , the #1 aerospace, defense and airline investment research service on Seeking Alpha, with access to evoX Data Analytics, our in-house developed data analytics platform.In September, I covered Intuitive Machines, Inc. (NASDAQ: LUNR ) after it won a $4.8 billion framework contract and since then, the stock is up over 40%, easily outperforming the broader markets. The companyDhierin runs the investing group The Aero ...
Intuitive Machines(LUNR) - 2024 Q3 - Earnings Call Transcript
2024-11-14 17:06
Intuitive Machines, Inc. (NASDAQ:LUNR) Q3 2024 Earnings Conference Call November 14, 2024 8:30 AM ET Company Participants Stephen Zhang - Head, Investor Relations Steve Altemus - Chief Executive Officer Pete McGrath - Chief Financial Officer Conference Call Participants Austin Moeller - Canaccord Genuity Griffin Boss - B. Riley Securities Edison Yu - Deutsche Bank Andres Sheppard - Cantor Fitzgerald Josh Sullivan - Benchmark Company Suji DeSilva - Roth Capital Operator Ladies and gentlemen, thank you for st ...
Why Intuitive Machines Stock Rocketed 51% This Month
The Motley Fool· 2024-11-14 16:03
Space stocks have quite literally skyrocketed over the past couple of weeks.In this video, I will cover Intuitive Machines' (LUNR -5.78%) third-quarter earnings. Watch the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were from the trading day of Nov. 13, 2024. The video was published on Nov. 14, 2024. ...
Intuitive Machines(LUNR) - 2024 Q3 - Earnings Call Presentation
2024-11-14 13:43
| --- | --- | --- | |------------------------------------------------------|-------|-------| | | | | | | | | | | | | | THIRD QUARTER 2024 INVESTOR UPDATE November 14, 2024 | | | | | | | TODAY'S PRESENTERS Steve Altemus CO-FOUNDER, PRESIDENT & CHIEF EXECUTIVE OFFICER Pete McGrath CHIEF FINANCIAL OFFICER | --- ...
Intuitive Machines(LUNR) - 2024 Q3 - Quarterly Results
2024-11-14 12:33
Exhibit 99.1 Intuitive Machines Reports Third Quarter 2024 Results Houston, TX, November 14, 2024 -- Intuitive Machines, Inc. (Nasdaq: LUNR, "Intuitive Machines," or the "Company"), a leading space exploration, infrastructure, and services company, today announced its financial results for the third quarter ended September 30, 2024. Intuitive Machines CEO Steve Altemus said, "Intuitive Machines had a very strong third quarter highlighted by key wins, revenue growth, and the largest cash balance in Company h ...
Intuitive Machines Reports Third Quarter 2024 Results
GlobeNewswire News Room· 2024-11-14 12:30
HOUSTON, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, “Intuitive Machines,” or the “Company”), a leading space exploration, infrastructure, and services company, today announced its financial results for the third quarter ended September 30, 2024. Intuitive Machines CEO Steve Altemus said, “Intuitive Machines had a very strong third quarter highlighted by key wins, revenue growth, and the largest cash balance in Company history. Throughout the quarter, we continued to focus on o ...
Should You Add LUNR Stock to Your Portfolio Before Q3 Earnings?
ZACKS· 2024-11-12 19:40
Intuitive Machines, Inc. (LUNR) is slated to report third-quarter 2024 results on Nov. 14, before market open.  See the Zacks Earnings Calendar to stay ahead of market-making news. The Zacks Consensus Estimate for third-quarter revenues is pegged at $52.4 million, implying 311.4% growth from the year-ago quarter's reported figure. The consensus mark for third-quarter earnings is pegged at a loss of 13 cents per share, suggesting an improvement from a loss of 22 cents in the prior-year quarter. The bottom-li ...