Moon Lander Maker Intuitive Machines Tops Sales Expectations
- CEO says company has enough cash to get through 2024
- Has two more NASA contracts for robotic Nova-C lander missions
Intuitive Machines made history Feb. 22 when the company’s robotic lander reached the moon.
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Intuitive Machines Inc. topped Wall Street’s sales expectations for last quarter, another boost for the company that recently gained fame for landing a spacecraft on the moon.
Revenue was $30.6 million for the three-month period ending Dec. 31, the company said Thursday in a statement. That compared with the average $24.7 million predicted in three analysts’ estimates compiled by Bloomberg. The company lost $2.95 million in adjusted earnings before interest, taxes, depreciation and amortization in the quarter, which ended before the lunar mission.