HawkEye 360's Q1 Net Loss Widens, Revenue Increases

MT Newswires Live

06/22

HawkEye 360 (HAWK) reported a Q1 net loss Monday of $1.14 per diluted share, widening from a $0.30 loss per share a year earlier.

Analysts polled by FactSet expected a loss of $0.05 per share.

Revenue for the quarter ended March 31 was $49.8 million, compared with $23 million a year earlier.

Analysts polled by FactSet expected $49.2 million.

Shares of HawkEye 360 were down 1% premarket Monday.

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