Intuitive Machines Shares Rise After Comments on Expansion, Rising Backlog

Dow Jones

Mar 24

By Denny Jacob

Intuitive Machines shares rose 24% after executives indicated there are budding opportunities for the company to expand.

Shares were trading around $8.80. The stock is up 38% over the last year.

On its fourth-quarter earnings call Monday, executives at the space-exploration company said changes underway via Elon Musk's Department of Government Efficiency, as well as uncertainty around the National Aeronautics and Space Administration, represent an opportunity for Intuitive Machines to expand its customer base into areas including national security for space, and to broaden its service footprint.

Intuitive Machines in its latest quarter saw revenue growth and a swing to a loss, though its bottom line includes results from a business combination.

The company also noted its backlog increased nearly $60 million to $328.3 million for the period ending Dec. 31 due to new awards primarily associated with contracts from NASA, among other factors.

Write to Denny Jacob at denny.jacob@wsj.com

(END) Dow Jones Newswires

March 24, 2025 11:38 ET (15:38 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

LOGIN / SIGN UP

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2521771569"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2521771569\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2521771569?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-03-24 23:38","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2521771569","market":"hk","top_or_hot":-1,"title":"Intuitive Machines Shares Rise After Comments on Expansion, Rising Backlog","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Denny Jacob \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/LUNR\">Intuitive Machines</a> shares rose 24% after executives indicated there are budding opportunities for the company to expand. \n</p>\n<p>\n  Shares were trading around $8.80. The stock is up 38% over the last year. \n</p>\n<p>\n  On its fourth-quarter earnings call Monday, executives at the space-exploration company said changes underway via Elon Musk's Department of Government Efficiency, as well as uncertainty around the National Aeronautics and Space Administration, represent an opportunity for Intuitive Machines to expand its customer base into areas including national security for space, and to broaden its service footprint. \n</p>\n<p>\n  Intuitive Machines in its latest quarter saw revenue growth and a swing to a loss, though its bottom line includes results from a business combination. \n</p>\n<p>\n  The company also noted its backlog increased nearly $60 million to $328.3 million for the period ending Dec. 31 due to new awards primarily associated with contracts from NASA, among other factors. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Denny Jacob at denny.jacob@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 24, 2025 11:38 ET (15:38 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Intuitive Machines Shares Rise After Comments on Expansion, Rising Backlog</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIntuitive Machines Shares Rise After Comments on Expansion, Rising Backlog\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-03-24 23:38</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Denny Jacob \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/LUNR\">Intuitive Machines</a> shares rose 24% after executives indicated there are budding opportunities for the company to expand. \n</p>\n<p>\n  Shares were trading around $8.80. The stock is up 38% over the last year. \n</p>\n<p>\n  On its fourth-quarter earnings call Monday, executives at the space-exploration company said changes underway via Elon Musk's Department of Government Efficiency, as well as uncertainty around the National Aeronautics and Space Administration, represent an opportunity for Intuitive Machines to expand its customer base into areas including national security for space, and to broaden its service footprint. \n</p>\n<p>\n  Intuitive Machines in its latest quarter saw revenue growth and a swing to a loss, though its bottom line includes results from a business combination. \n</p>\n<p>\n  The company also noted its backlog increased nearly $60 million to $328.3 million for the period ending Dec. 31 due to new awards primarily associated with contracts from NASA, among other factors. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Denny Jacob at denny.jacob@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 24, 2025 11:38 ET (15:38 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LUNR","symbol_name":"Intuitive Machines","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2521771569","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2521771569","pubTimestamp":1742830680,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Intuitive Machines shares rose 24% after executives indicated there are budding opportunities for the company to expand.Shares were trading around $8.80. The stock is up 38% over the last year.On its fourth-quarter earnings call Monday, executives at the space-exploration company said changes underway via Elon Musk's Department of Government Efficiency, as well as uncertainty around the National Aeronautics and Space Administration, represent an opportunity for Intuitive Machines to expand its customer base into areas including national security for space, and to broaden its service footprint.Intuitive Machines in its latest quarter saw revenue growth and a swing to a loss, though its bottom line includes results from a business combination.The company also noted its backlog increased nearly $60 million to $328.3 million for the period ending Dec. 31 due to new awards primarily associated with contracts from NASA, among other factors.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LUNR":"Intuitive Machines","BK4187":"航天航空与国防","BK4602":"量子计算概念"},"translate_title":"Intuitive Machines股价在对扩张和积压订单增加发表评论后上涨","themeId":"2e44247b1566f9855b8f07839e52c2b2","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LUNR":1},"content_text":"By Denny Jacob \n\n\n \n\n\nIntuitive Machines shares rose 24% after executives indicated there are budding opportunities for the company to expand. \n\n\n  Shares were trading around $8.80. The stock is up 38% over the last year. \n\n\n  On its fourth-quarter earnings call Monday, executives at the space-exploration company said changes underway via Elon Musk's Department of Government Efficiency, as well as uncertainty around the National Aeronautics and Space Administration, represent an opportunity for Intuitive Machines to expand its customer base into areas including national security for space, and to broaden its service footprint. \n\n\n  Intuitive Machines in its latest quarter saw revenue growth and a swing to a loss, though its bottom line includes results from a business combination. \n\n\n  The company also noted its backlog increased nearly $60 million to $328.3 million for the period ending Dec. 31 due to new awards primarily associated with contracts from NASA, among other factors. \n\n\n \n\n\n  Write to Denny Jacob at denny.jacob@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 24, 2025 11:38 ET (15:38 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}