BlackSky Reaffirms Its 2024 Outlook: Expects Revenue Of $102M-$118M Vs. Consensus Of $113.91M, Adjusted EBITDA Of $8M-$16M; Sees Capital Expenditures Of $55M-$65M, Primarily Driven By Investments In The Gen-3 Satellites

5/8/24 7:20:26 AM ET

Radio And Television Broadcasting And Communications Equipment

Technology

Get the next $BKSY alert in real time by email

2024 Outlook

The Company maintains its outlook for full year 2024 revenue of between $102 million and $118 million, and full year 2024 Adjusted EBITDA of between $8 million and $16 million. In addition, the Company maintains its expectations for full year 2024 capital expenditures of between $55 million and $65 million, primarily driven by investments in the Gen-3 satellites.

Get the next $BKSY alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$BKSY

Date	Price Target	Rating	Analyst
10/4/2024	$10.00	Hold → Buy	Craig Hallum
10/2/2024	$10.00	Outperform	Oppenheimer
4/3/2024	$2.50	Buy	H.C. Wainwright
7/6/2023	$2.50	Buy	Craig Hallum
11/7/2022	$3.00	Buy	Deutsche Bank
10/12/2022		Outperform	Credit Suisse
7/26/2022	$6.00	Buy	Lake Street

More analyst ratings

$BKSY
Financials

Live finance-specific insights

BlackSky Reports Third Quarter 2024 Results
Company Receives New Awards Valued up to $780 Million YTD Revenue Growth of 22%; Company Reaffirms Full Year 2024 Guidance First Gen-3 Satellite Completing Final Pre-Ship Testing BlackSky Technology Inc. ("BlackSky" or the "Company") (NYSE:BKSY) announced results for the third quarter ended September 30, 2024. Third Quarter Financial Highlights: Revenue of $22.5 million, up 6% from the prior year quarter Imagery & software analytical services revenue grew 13% over the prior year quarter Imagery & software analytical services cost of sales(1), as a percent of revenue, improved to 21% from 23% in the prior year quarter "We delivered a strong quarter of multi-year contract bookings
11/7/24 7:00:00 AM ET
$BKSY
Radio And Television Broadcasting And Communications Equipment
Technology
BlackSky to Host Third Quarter 2024 Results Conference Call
BlackSky Technology Inc. (NYSE:BKSY) will host a conference call to discuss third quarter 2024 financial results and its business outlook on Thursday, November 7, 2024, at 8:30 a.m. EST. A press release with BlackSky's financial results will be released in advance of the conference call that same day. To access the live webcast or the archived webcast following completion of the call, please click here or visit the company's investor relations website at http://ir.blacksky.com and then select "News & Events" for the link to the webcast. To access the conference call, participants should dial 1-800-715-9871 or 1-646-307-1963 using conference ID 8425999 or "BlackSky" at least ten minutes pri
10/17/24 4:30:00 PM ET
$BKSY
Radio And Television Broadcasting And Communications Equipment
Technology
BlackSky Reports Second Quarter 2024 Results
Q2 Total Revenue Increases 29% Over Prior Year Period Company Wins $40 Million in New Contracts and Renewal Agreements First 35cm Very High Resolution Gen-3 Satellite Planned for Launch in Q4 BlackSky Technology Inc. ("BlackSky" or the "Company") (NYSE:BKSY) announced results for the second quarter ended June 30, 2024. Second Quarter Financial Highlights: Revenue of $24.9 million, up 29% from the prior year quarter Imagery & software analytical services revenue grew 14% over the prior year quarter Imagery & software analytical services cost of sales(1), as a percent of revenue, improved to 20% from 23% in the prior year quarter "BlackSky delivered another strong quarter
8/8/24 7:00:00 AM ET
$BKSY
Radio And Television Broadcasting And Communications Equipment
Technology

$BKSY
Press Releases

Fastest customizable press release news feed in the world

BlackSky to Participate at Three Upcoming Investor Conferences
BlackSky Technology Inc. (NYSE: BKSY) will participate in the following upcoming investor events in November and December. Deutsche Bank 2024 Global Space Summit Date: Wednesday, November 20, 2024 Panel: 2:00 p.m. EST Presenter: Brian O'Toole, Chief Executive Officer, BlackSky Technology Location: Deutsche Bank Center (New York, NY) UBS Global Industrials and Transportation Conference Date: Wednesday, December 4, 2024 Location: Eau Palm Beach Resort & Spa (Palm Beach, FL) Benchmark 13th Annual Discovery One-on-One Investor Conference Date: Wednesday, December 11, 2024 Location: New York Athletic Club (New York, NY) For more information about the event or to schedule a one-on-o
11/12/24 4:30:00 PM ET
$BKSY
Radio And Television Broadcasting And Communications Equipment
Technology
BlackSky Reports Third Quarter 2024 Results
Company Receives New Awards Valued up to $780 Million YTD Revenue Growth of 22%; Company Reaffirms Full Year 2024 Guidance First Gen-3 Satellite Completing Final Pre-Ship Testing BlackSky Technology Inc. ("BlackSky" or the "Company") (NYSE:BKSY) announced results for the third quarter ended September 30, 2024. Third Quarter Financial Highlights: Revenue of $22.5 million, up 6% from the prior year quarter Imagery & software analytical services revenue grew 13% over the prior year quarter Imagery & software analytical services cost of sales(1), as a percent of revenue, improved to 21% from 23% in the prior year quarter "We delivered a strong quarter of multi-year contract bookings
11/7/24 7:00:00 AM ET
$BKSY
Radio And Television Broadcasting And Communications Equipment
Technology
LeoStella and BlackSky Selected for Space Development Agency Hybrid Acquisition for Proliferated Low-Earth Orbit program
The Space Development Agency (SDA) has selected LeoStella to support the Hybrid Acquisition for Proliferated Low-Earth Orbit (HALO) program. This is a novel opportunity for nontraditional defense contractors to work directly with SDA for rapid on-orbit mission feasibility prototypes. Partnering with BlackSky, as a subcontractor for this competitive program, LeoStella, as a small satellite manufacturer, is now pre-qualified to work directly with SDA to develop on-orbit mission-feasibility prototypes. "This new, innovative program will be an integral tool for the Government to engage with industry. This award enables SDA to leverage nearly 60 years of successful on-orbit experience with a pr
10/24/24 8:30:00 AM ET
$BKSY
Radio And Television Broadcasting And Communications Equipment
Technology

$BKSY
Market Insights

Live Market Insights

12 Industrials Stocks Moving In Thursday's After-Market Session
Gainers Momentus (NASDAQ:MNTS) shares rose 8.9% to $0.59 during Thursday's after-market session. The market value of their outstanding shares is at $9.8 million. Getaround (NYSE:GETR) stock increased by 7.07% to $0.16. The company's market cap stands at $15.3 million. Spire Global (NYSE:SPIR) shares moved upwards by 5.06% to $11.0. The company's market cap stands at $267.4 million. BlackSky Technology (NYSE:BKSY) stock increased by 4.28% to $1.04. The market value of their outstanding shares is at $150.2 million. Solidion Technology (NASDAQ:STI) stock increased by 3.7% to $1.96. The market value of their outstanding shares is at $170.3 million. As per the news, the Q1 earnings report ca
6/13/24 4:30:59 PM ET
$BKSY
$DFLI
$FIP
$GETR
Radio And Television Broadcasting And Communications Equipment
Technology
Industrial Machinery/Components
Miscellaneous
BlackSky Awarded Electro-Optical Commercial Layer Contract Extension From National Reconnaissance Office For Reliable High-Frequency Gen-2 Imagery Services
BlackSky first to successfully integrate, validate performance within new U.S. government imagery management architecture increasing utility of BlackSky imagery amongst end usersBlackSky Technology Inc. (NYSE:BKSY) was awarded a 1-year extension contract from the National Reconnaissance Office (NRO) to continue to deliver on the current Electro-Optical Commercial Layer (EOCL) subscription contract for reliable high-frequency Gen-2 imagery services.
6/5/24 8:05:02 AM ET
$BKSY
Radio And Television Broadcasting And Communications Equipment
Technology
12 Industrials Stocks Moving In Tuesday's After-Market Session
Gainers 3D Sys (NYSE:DDD) stock increased by 26.0% to $4.36 during Tuesday's after-market session. The market value of their outstanding shares is at $582.5 million. KULR Tech Gr (AMEX:KULR) shares rose 4.8% to $0.32. The company's market cap stands at $59.3 million. Graphex Gr (AMEX:GRFX) stock increased by 4.1% to $0.38. The market value of their outstanding shares is at $17.1 million. 1847 Holdings (AMEX:EFSH) shares rose 3.67% to $0.94. The market value of their outstanding shares is at $4.9 million. Ocean Power Techs (AMEX:OPTT) stock rose 2.7% to $0.18. The market value of their outstanding shares is at $10.6 million. FiscalNote Holdings (NYSE:NOTE) stock increased by 2.5% to $1.
6/4/24 4:31:04 PM ET
$BKSY
$BURU
$DDD
$EFSH
Radio And Television Broadcasting And Communications Equipment
Technology
Industrial Machinery/Components
Miscellaneous

BlackSky Appoints Jon Kirchner as Chief Product Officer
Kirchner to lead expanding product team to meet global customer demand for dynamic monitoring and intelligence products BlackSky Technology Inc. (NYSE:BKSY) appointed Jon Kirchner as its new Chief Product Officer continuing the company's growing momentum as a global leader in real-time geospatial insights. As part of BlackSky's executive leadership team, Mr. Kirchner will deliver product solutions that help customers experience the increasing value of the company's Spectra AI tasking and analytics platform and high-revisit, high-resolution satellite constellation. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221026006034/en/Jo
10/26/22 4:30:00 PM ET
$BKSY
Radio And Television Broadcasting And Communications Equipment
Technology
BlackSky Appoints Top Defense and Intelligence Experts to New Advisory Group
Prominent leaders from the Intelligence Community and the Department of Defense: U.S. Army, U.S. Navy, and U.S. Space Force to provide strategic guidance to BlackSky BlackSky (NYSE:BKSY) announced the formation of a Strategic Advisory Group and the appointment of three prominent U.S. leaders with diverse backgrounds from the national security, defense and intelligence communities. This new advisory group will provide deep insight and guidance to BlackSky's leadership on business growth, technology investment, and strategic partnership opportunities. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220404005227/en/BlackSky Strategi
4/4/22 7:30:00 AM ET
$BKSY
Radio And Television Broadcasting And Communications Equipment
Technology
BlackSky Appoints Aly Bonilla as Vice President of Investor Relations
BlackSky (NYSE:BKSY) has named Aly Bonilla as its Vice President of Investor Relations. Mr. Bonilla reports to BlackSky Chief Financial Officer Johan Broekhuysen and will serve as the primary liaison between the company, its shareholders, and the investment community. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220105005380/en/BlackSky Vice President of Investor Relations Aly Bonilla (Photo: Business Wire) "We are excited to welcome Aly to the BlackSky team and look forward to having him lead our investor relations strategy as we build a world-class program," said Broekhuysen. "Aly is a seasoned financial executive who brings
1/5/22 7:30:00 AM ET
$BKSY
Radio And Television Broadcasting And Communications Equipment
Technology

BlackSky Reaffirms Its 2024 Outlook: Expects Revenue Of $102M-$118M Vs. Consensus Of $113.91M, Adjusted EBITDA Of $8M-$16M; Sees Capital Expenditures Of $55M-$65M, Primarily Driven By Investments In The Gen-3 Satellites

Chat with this insight

Recent Analyst Ratings for $BKSY

$BKSY Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

Director Tolonen James R was granted 4,746 shares, increasing direct ownership by 9% to 58,932 units (SEC Form 4)

Director Porteous William D. was granted 4,746 shares, increasing direct ownership by 9% to 58,932 units (SEC Form 4)

Director Gordon Susan M. was granted 4,746 shares, increasing direct ownership by 9% to 58,932 units (SEC Form 4)

$BKSY SEC Filings

$BKSY Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

SEC Form SCHEDULE 13G filed by BlackSky Technology Inc.

SEC Form 10-Q filed by BlackSky Technology Inc.

BlackSky Technology Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

BlackSky Technology upgraded by Craig Hallum with a new price target

Oppenheimer initiated coverage on BlackSky Technology with a new price target

H.C. Wainwright initiated coverage on BlackSky Technology with a new price target

$BKSY Financials

Live finance-specific insights

BlackSky Reports Third Quarter 2024 Results

BlackSky to Host Third Quarter 2024 Results Conference Call

BlackSky Reports Second Quarter 2024 Results

$BKSY Press Releases

Fastest customizable press release news feed in the world

BlackSky to Participate at Three Upcoming Investor Conferences

BlackSky Reports Third Quarter 2024 Results

LeoStella and BlackSky Selected for Space Development Agency Hybrid Acquisition for Proliferated Low-Earth Orbit program

$BKSY Large Ownership Changes

This live feed shows all institutional transactions in real time.

SEC Form SC 13G filed by BlackSky Technology Inc.

SEC Form SC 13G filed by BlackSky Technology Inc.

Amendment: SEC Form SC 13D/A filed by BlackSky Technology Inc.

$BKSY Market Insights

Live Market Insights

12 Industrials Stocks Moving In Thursday's After-Market Session

BlackSky Awarded Electro-Optical Commercial Layer Contract Extension From National Reconnaissance Office For Reliable High-Frequency Gen-2 Imagery Services

12 Industrials Stocks Moving In Tuesday's After-Market Session

$BKSY Leadership Updates

Live Leadership Updates

BlackSky Appoints Jon Kirchner as Chief Product Officer

BlackSky Appoints Top Defense and Intelligence Experts to New Advisory Group

BlackSky Appoints Aly Bonilla as Vice President of Investor Relations

Recent Analyst Ratings for
$BKSY

$BKSY
Insider Trading

$BKSY
SEC Filings

$BKSY
Analyst Ratings

$BKSY
Financials

$BKSY
Press Releases

$BKSY
Large Ownership Changes

$BKSY
Market Insights

$BKSY
Leadership Updates