Tiger Brokers

Intuitive Machines Swings to Q2 Loss, Revenue Rises -- Shares Gain

MT Newswires Live
Aug 07

Intuitive Machines (LUNR) shares were up nearly 3% in recent Thursday trading after the company posted higher Q2 revenue amid a swing to loss during the quarter.

The company reported a Q2 net loss of $25.3 million, swinging from net income of $18.5 million a year earlier.

Analysts surveyed by FactSet expected a loss of $4.7 million.

Revenue for the quarter ended June 30 was $50.3 million, compared with $41.6 million a year earlier.

Analysts surveyed by FactSet expected $67.7 million.

For 2025, the company said it now expects revenue to be near the low end of its previous guidance of $250 million to $300 million.

Analysts surveyed by FactSet expect $268.1 million.

Price: 10.83, Change: +0.32, Percent Change: +3.10

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