SKYX Platforms Corp. reported a quarterly loss of $0.07 per share, beating the Zacks Consensus Estimate of a loss of $0.08. The company posted revenues of $23.89 million for the quarter, surpassing expectations by 2.98%. SKYX shares have gained 36.2% this year, outperforming the S&P 500’s 16.4% increase.

Investors are curious about SKYX’s future performance. The company’s earnings outlook and estimate revisions play a crucial role in stock movement. With a Zacks Rank #3 (Hold), SKYX is expected to perform in line with the market. Analysts predict a loss of $0.07 per share for the next quarter and $0.32 for the current fiscal year.

Skillsoft Corp. is another player in the industry yet to report financial results. The company is expected to post quarterly earnings of $1.26 per share, representing a year-over-year increase of 169.2%. However, revenues are projected to decline by 4.1% from the previous year’s quarter.

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Read more at Nasdaq: SKYX Platforms Corp. (SKYX) Reports Q3 Loss, Tops Revenue Estimates