Mynaric Publishes Outlook Including Revenue Guidance for Full-Year 2024 [Yahoo! Finance]
Mynaric AG (MYNA)
Company Research
Source: Yahoo! Finance
today its outlook for the fiscal year 2024, which for the first time includes quantitative guidance for its key performance indicators revenue and operating loss. Based on the Company's production ramp results to date in fiscal year 2024 as well as the current projected production plans and available liquidity projections for fiscal year 2024, the management board of the Company decided today on the following outlook for fiscal year 2024: Revenue: €50 million - €70 million Operating loss: -€40 million - -€30 million Cash-in from customer contracts €65 million - €100 million Optical communications terminal backlog 800 - 1,000 units For the fiscal year 2024, our revenue outlook is driven by shipments of CONDOR Mk3 units to multiple customers. This outlook assumes we are able to ramp to our current production plans. This outlook remains at the lower end of the most recent published analyst estimates for 2024 (for which the arithmetic average is approximately €65 million). W
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News
- ReOrbit selects Mynaric's CONDOR Mk3 for Space-to-Space and Space-to-Ground Laser Communications Demonstration [Yahoo! Finance]Yahoo! Finance
- ReOrbit selects Mynaric's CONDOR Mk3 for Space-to-Space and Space-to-Ground Laser Communications DemonstrationAccesswire
- Mynaric Announces Management Participation in Upcoming Investor ConferenceAccesswire
- Mynaric Announces Preliminary Full-Year 2023 Results and Provides Outlook for Full-Year 2024 [Yahoo! Finance]Yahoo! Finance
- Mynaric Announces Preliminary Full-Year 2023 Results and Provides Outlook for Full-Year 2024 Accesswire
MYNA
Sec Filings
- 6/25/24 - Form 6-K
- 6/20/24 - Form 6-K
- 6/13/24 - Form 6-K
- MYNA's page on the SEC website