This Little-Known Space Company Forecasts Parabolic Hypergrowth
BlackSky Technology (BKSY) The Motley Fool·2024-11-24 20:07
Investors who bought after BlackSky's earnings miss may have failed to read the fine print.BlackSky Technology (BKSY 3.37%) missed analyst forecasts for both sales and earnings earlier this month, but investors didn't seem to mind very much. Shares of the commercial spy satellite operator actually closed out last week above $8, gaining about 9% from their pre-earnings price. Considering that this space stock missed analyst sales forecasts by more than 18% (sales were $22.5 million rather than the $27.5 mill ...