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0 -0.0307692307692308 0.0076923076923077 -0.0153846153846154 -0.0153846153846154 0.0076923076923077 0.0076923076923077 0.0153846153846154
Stock impact report

Sidus Space Reports Third Quarter 2024 Financial Results and Provides Business Update

Sidus Space, Inc. (SIDU) 
Company Research Source: Business Wire
Q3 2024 revenues of $1.9 million, 90% increase year-over-yearQ3 2024 gross profit of $38,000, 140% increase year-over-yearQ3 2024 EBITDA loss of $2.5 million, 33% improvement year-over-yearQ3 2024 selling, general, and administrative expenses of approximately $3.2 million, 15% decrease year-over-yearSuccessfully raised $7 million in public offeringCompany selected to build 6 satellite Lunar constellation CAPE CANAVERAL, Fla.--(BUSINESS WIRE)--Sidus Space (NASDAQ: SIDU) (the “Company” or “Sidus”), an innovative, agile space mission enabler, announced its financial results for the third quarter ended September 30, 2024, and provided a business update. The Company is scheduled to host a conference call and webcast today, Thursday, November 14, at 5:00 p.m. ET.“Our third-quarter results reflect Sidus’ strong momentum as we continue to execute on our strategy, grow our pipeline and manage our operational costs, with a 90% year-over-year quarterly revenue increase and a 15% reduction in Show less Read more
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