Intuitive Machines (LUNR) Shares Slide 9.4% on Second-Quarter Earnings Miss

LUNR Intuitive Machines Inc

$15.06 +5.39%

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1. 1Intuitive Machines (LUNR) shares fell 9.4% after reporting a wider-than-expected second-quarter loss and revenue that fell short of Wall Street forecasts.
2. 2For the quarter ended June 30, the adjusted loss per share was $0.29 (estimate: $0.09) and revenue was $206.17 million (estimate: $223.84 million).
3. 3Revenue hit a quarterly record and rose more than 300% year over year, but investors focused on the wider loss and the revenue miss, according to reports.

Source Barrons.com +4 · View original ↗

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