Satellogic Q1 Loss Widens, Revenue Rises

MT Newswires Live

05/12

Satellogic (SATL) reported a Q1 loss late Monday of $0.84 per diluted share, widening from a loss of $0.34 a year earlier.

Analysts polled by FactSet expected a loss of $0.04.

Revenue for the quarter ended March 31 was $6.1 million, up from $3.4 million a year earlier.

Analyst surveyed by FactSet expected $5.3 million.

Shares of the company were down more than 3% in after-hours activity.

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