From Yahoo Finance: 2025-03-24 10:00:00

Intuitive Machines reported a significant revenue increase of nearly 80% year-over-year, reaching $54.7 million in the fourth quarter. However, adjusted EBITDA plummeted to negative $11.2 million, despite a 22% backlog increase to $328.3 million. The company’s positive outlook predicts full-year revenue between $250 million to $300 million.

Shares of Intuitive Machines (LUNR) surged almost 20% after the space technology provider’s sales and backlog soared. The company, which recently concluded a lunar lander mission due to a mishap, remains optimistic about expanding its customer base beyond NASA. The stock price, which halved after the moon mission failure, is still up 30% over the past year.



Read more at Yahoo Finance: Intuitive Machines Stock Soars on Sales, Outlook After Moon Mission Failure