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-0.0259253708976472 -0.0259253708976472 -0.0409111344222988 -0.0409111344222988 -0.033418252659973 0.0115390379139818 -0.0109396073729956 -0.0109396073729956
Stock impact report

Sidus Space Reports Third Quarter 2024 Financial Results and Provides Business Update [Yahoo! Finance]

Sidus Space, Inc. (SIDU) 
Company Research Source: Yahoo! Finance
Q3 2024 EBITDA loss of $2.5 million, 33% improvement year-over-year Q3 2024 selling, general, and administrative expenses of approximately $3.2 million, 15% decrease year-over-year Successfully raised $7 million in public offering Company selected to build 6 satellite Lunar constellation CAPE CANAVERAL, Fla., November 14, 2024 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 SG&A expenses," said Carol Craig, CEO of Sidus Space. "We are thrilled with the key mileston Show less Read more
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