Intuitive Machines Inc

Earnings data Q1 2023

Earnings data Q2 2023

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Intuitive Machines reports Q1 revenue growth, faces operating challenges

Intuitive Machines showcased strong revenue potential and project advancements across its business areas but faced challenges with operating losses and analyst inquiries.
The company's strategic positioning, diverse portfolio, and strong backlog provide a foundation for growth, while opportunities in space products and conferences offer avenues for expansion.
Balancing operational efficiency, revenue generation, and market competitiveness will be key for Intuitive Machines to navigate challenges and leverage opportunities in the evolving space industry.

Intuitive Machines Inc reports Q2 revenue growth amidst operational challenges

Intuitive Machines Inc showcased strong revenue generation and technological advancements in Q2 2023.
While facing financial challenges and operational hurdles, the company's diverse business units and contract wins provide a solid foundation for growth.
Strategic decisions like appointing Nicole Seligman and pursuing new market opportunities position Intuitive Machines Inc for future success.

Intuitive Machines Inc reports Q3 revenue growth amidst operational challenges

Intuitive Machines Inc showcased strong revenue generation and contract wins in Q3 2023, despite an increased operating loss.
The company's Lunar Access Services and expansion in data services demonstrate a commitment to growth and innovation.
While facing financial challenges, Intuitive Machines Inc has opportunities for revenue expansion through new contracts and mission achievements.
Maintaining a balance between cost control and strategic investments will be crucial for the company's future financial performance.

Intuitive Machines Inc reports robust Q4 earnings and eyes space exploration growth

Intuitive Machines Inc delivered strong Q4 performance with revenue growth and cash balance increase. Positioned for significant revenue expansion in 2024 with a focus on operational success. Well-prepared to capitalize on space exploration opportunities and achieve further historic milestones.

Intuitive Machines reports stellar Q1 results, poised for space industry growth

Intuitive Machines' stellar Q1 performance, strong financial position, and strategic market position underscore its potential for continued success and expansion in the space industry. Despite challenges in managing backlog and operational complexities, the company's focus on innovation and growth opportunities bodes well for future prospects.

Intuitive Machines Inc excels in Q2, eyes NASA contracts for growth

Intuitive Machines Inc delivered strong financial results in Q2 2024, with revenue surpassing expectations and a positive outlook for the full year, despite an operating loss.
The company's focus on core services, technical capabilities, and strategic partnerships positions it well for future growth and expansion in the space industry.
While facing challenges in managing expenses and finalizing business plans, Intuitive Machines has a clear path to capitalize on opportunities and drive long-term value for stakeholders.

Intuitive Machines excels in Q3, eyes lunar economy growth

Intuitive Machines reported stellar Q3 results with impressive revenue growth, strong cash position, and a focus on lunar missions and infrastructure services. The company's strategic alignment with the lunar economy and NASA's Artemis campaign bodes well for future prospects.

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Intuitive Machines, Inc. operates as a space exploration, infrastructure, and services company. It offers space products and services. The company was founded by Stephen Altemus, Kam Ghaffarian, and Tim Crain in 2013 and is headquartered in Houston, TX.

HOUSTON, July 27, 2023 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) (“Company”) announced today that it will release its financial results for the second quarter of 2023 on Monday, August 14, 2023, after the market closes. Following the news release, the Company will host a conference call the same day at 4:30 pm ET to discuss the results.

Intuitive Machines Announces Date for Second Quarter 2023 Financial Results Conference Call

HOUSTON, July 25, 2023 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) or the (“Company”), a leading space exploration, infrastructure, and services company, today announced NASA's Space Technology and Mission Directorate (STMD) has awarded a $15 million Tipping Point initiative award to the Zeno Power-led team, including Intuitive Machines. The award is for the development of a Radioisotope Power System (RPS) that may enable lunar assets to survive and operate during the lunar night and in permanently shadowed regions of the Moon.

NASA Selects Intuitive Machines Team to Develop Survive the Lunar Night Technology

While share price is certainly expected to rise with more updates on the upcoming lunar landing mission, the Company in the long-term has a lot of problems to solve. The management is overly optimistic about the contract backlog, revenue and EBITDA, which lead to the overhype of investors. Buying in now before the mission is mostly speculating, given the chance of landing success unknown and the fundamentals of the Company has not improved, long-term investors should be cautious.

Intuitive Machines: Moon Landing Is Hard, But Achieving Profitability Targets Will Be Harder

Intuitive Machines (NASDAQ: LUNR ) stock is on the rise Friday after the company completed a successful test of its lunar lander. This test covers the company's Nova-C lunar lander.

Why Is Intuitive Machines (LUNR) Stock Up 16% Today?

HOUSTON, July 13, 2023 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) or the (“Company”), a leading space exploration, infrastructure, and services company, has successfully conducted a complete spacecraft test run of its Nova-C lunar lander – a significant technical achievement in the Company's efforts to completing its lunar lander. The complete spacecraft test run verified Nova-C's flight software, flight avionics, liquid oxygen and liquid Methane loading, high-pressure helium system performance, propulsion system complete functionality, and culminating in a hot fire of the Nova-C main engine.

Nova-C Lunar Lander Passes Complete Spacecraft Test Run

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Space stocks are generally from either new or fairly new publicly traded companies. These companies have growth potential due to the fact that space exploration is a growing industry.

3 Space Stocks to Make Your `Get Rich` Dreams Come True

HOUSTON, June 23, 2023 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) or the (“Company”), a leading space exploration, infrastructure, and services company, today announced Nicole Seligman is joining its Board of Directors. Ms. Seligman's distinguished career has included senior leadership roles in global public companies, and she brings extensive business and corporate governance experience accompanied by exceptional achievements in the legal profession.

Intuitive Machines Announces Appointment of Nicole Seligman to Board of Directors

Intuitive Machines, Inc. recently was funded and combined with Inflection Point Acquisition Corp, and the resulting stock has been volatile. We outline a trade on this name.

Intuitive Machines: Trading This Volatile Space Exploration Stock

Intuitive Machines reported falling revenue, negative profits, and a big backlog of work to be done last night. With $86 million in trailing revenue, Intuitive Machines predicts sales will rocket as high as $268 million this year.

Why Intuitive Machines Stock Keeps Going Up

Intuitive Machines is preparing for its first lunar mission to the moon's south pole in the third quarter of this year, while also facing a protest to a major NASA contract win, executives told investors Thursday.

Intuitive Machines prepares for first lunar mission, faces challenge to NASA contract win

HOUSTON, May 11, 2023 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, “Intuitive Machines,” or the “Company”), a leading space exploration, infrastructure, and services company, today announced its financial results for the first quarter ended March 31, 2023.

Intuitive Machines Reports First Quarter 2023 Financial Results

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While space may be the final frontier, more than a few enterprises previously labeled as the best space exploration stocks to buy appear to be on the cusp of requiring final arrangements if you catch my drift. However, a select few enterprises just might have what it takes to rise above the muck.

The 3 Most Promising Space Exploration Stocks for May 2023

HOUSTON, April 28, 2023 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) (“Company”) announced today that it will release its financial results for the first quarter of 2023 on Thursday, May 11, 2023, after the market closes. Following the news release, the Company will host a conference call the same day at 4:30 pm ET to discuss the results.

Intuitive Machines Announces Date for First Quarter 2023 Financial Results Conference Call

Space exploration infrastructure services and machines manufacturer Intuitive Machines Inc. (NASDAQ: LUNR) already has two strikes against it right out of the gate. The stock went public through a special purpose acquisition company (SPAC) reverse merger on Feb. 14, 2023.

Intuitive Machines Keeps Space Exploration Ambitions Alive

Shares of Intuitive Machines Inc. LUNR, +15.10% jumped 16.1% in active morning trading toward a one-month high, after the space exploration company said it awarded a contract from the National Aeronautics and Space Administration (NASA) valued at up to $719 million. The company said Space Networks Solutions LLC, which is doing business as Space & Technology Solutions, which is a joint venture led by Intuitive Machines with KBR Inc. KBR, +0.10% , was awarded a “fixed-fee indefinite-delivery, indefinite-quantity contract to support work related to NASA's Joint Polar Satellite System.

Intuitive Machines stock soars after being awarded NASA contract worth up to $719 million

Intuitive Machines (NASDAQ: LUNR ) stock is taking off on Wednesday thanks to a $719 million award from NASA. This was awarded to Space & Technology Solutions, a joint-venture led by Intuitive Machines alongside KBR (NYSE: KBR ).

LUNR Stock Alert: The $719 Million Reason Intuitive Machines Is Rising Today

Intuitive Machines (NASDAQ: LUNR) stock price jumped by more than 25% in the premarket as traders cheered a major NASA contract. The shares jumped to $13, the highest level since March 20 of this year, giving it a market cap of more than $875 million.

LUNR stock price analysis: is Intuitive Machines a good buy?

HOUSTON, April 18, 2023 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines” or the “Company”), today announced The National Aeronautics and Space Administration (“NASA”) awarded Space & Technology Solutions, the DBA for Space Networks Solutions LLC, a joint venture led by Intuitive Machines with KBR (NYSE: KBR), a cost-plus-fixed-fee indefinite-delivery, indefinite-quantity contract meant to support work related to the Joint Polar Satellite System, NASA's Exploration and In-space Services. The single-award contract has a five-year base performance period and a maximum ordering value of $719 million.

Intuitive Machines Bolsters Orbital Services Business Line With $719 Million NASA Award

Intuitive Machines (NASDAQ: LUNR ) stock is on the rise Thursday despite a lack of news concerning the commercial space travel company. There's been no new press releases from the company that explain the stocks' rise today.

Why Is Intuitive Machines (LUNR) Stock Up 6% Today?

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High-profile initiatives by billionaires Elon Musk and Jeff Bezos, coupled with cheap money, helped the sector soar. Once valued as high as $3.2 billion, the Richard Branson-backed satellite launcher sought protection from creditors in court less than two years after making its market debut via a shell company.

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Space investors got bad news when Virgin Orbit announced furloughs and an "operational pause" last week. This week, we learned the company is looking to sell itself before it goes insolvent.

How Much Are Space Stocks Worth?

Ready to shoot for the stars and try out an exciting space-race stock? Check out Intuitive Machines (NASDAQ: LUNR ), a relatively small company that could become a household name someday.

Why LUNR Stock Is a Moonshot Bet on the Future of Space Exploration

HOUSTON, March 16, 2023 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines” or the “Company”), a leading space exploration, infrastructure, and services company, today announced that its lunar lander, Nova-C has completed all structural testing, paving the way for the Company's first mission to the Moon later this year.

Intuitive Machines Successfully Completes Launch Vibration Tests in Preparation for Lunar Mission

HOUSTON, March 12, 2023 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines” or the “Company”), a leading space exploration, infrastructure, and services company, today announced that the Company's Chief Financial Officer, Erik Sallee, will attend the 35th Annual Roth Conference (the “Conference”) from March 12 to 14, 2023 at The Ritz-Carlton, Laguna Niguel located in Dana Point, California.

Intuitive Machines to Attend 35th Annual Roth Conference

One of the massive market movers that's grabbing significant investor attention today is Intuitive Machines (NASDAQ: LUNR ). Shares of LUNR stock have shot to the moon (no pun intended today), surging nearly 80% at the time of writing.

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